This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Ethiopia and the IMF. Additional information can be found on the Ethiopia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ethiopia.

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At a Glance

  • Current IMF membership: 190 countries
  • Ethiopia joined the Fund in December 27, 1945
  • Total Quotas: SDR 300.70 Million
  • The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation, December 4, 2018, Series: Country Report No. 18/354

Office Activities

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IMF's Work on Ethiopia

  • Transcript of African Department April 2024 Press Briefing

    April 19, 2024

    Good morning and good afternoon and good evening for our viewers around the world. I am Tatiana Mossot with the IMF Communication department.

  • Transcript of IMF Press Briefing

    April 4, 2024

    Good morning, everyone, both to those of you here with us in person and to those joining us online. Welcome to the IMF press briefing. I am Julie Kozak, Director of the Communications Department. As usual, this briefing will be embargoed until 11:00 a.m. Eastern Time in the United States.

  • IMF Staff Concludes Mission to Ethiopia

    April 2, 2024

    An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris visited Addis Ababa from March 19 to April 2, 2024, to hold discussions on the authorities’ request for IMF support for their reform program.

  • Transcript of IMF Press Briefing

    March 7, 2024

    Good morning to both those of us here in person and those joining us online. Welcome to the IMF press briefing. I'm Julie Kozak, Director of Communications. As usual, this briefing will be embargoed until 11:00 a.m. Eastern Time.

  • Transcript of IMF Press Briefing

    February 22, 2024

    Welcome to the IMF press briefing, both to those here in the room and those of you joining us online. My name is Julie Kozak. I am the director of the IMF's Communications Department.

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Regional Economic Outlook

April 19, 2024

A Tepid and Pricey Recovery

After four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report

Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.