Executive
Board Calendar |
Board Discussions
on The Federal Democratic Republic of Ethiopia:
Previous: September 12, 2012 August 26, 2011 November 12, 2010 July 15, 2009 January 23, 2009
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Article IV Staff Reports
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Projected % Change
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2013
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2014
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Real GDP
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6.5
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6.5
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Consumer Prices
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8.3
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9.6
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Source: World Economic Outlook (April 2013)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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The Federal Democratic Republic of Ethiopia: Financial Position in the Fund

Transactions with the Fund

Resident Representative Office in Ethiopia
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The Federal Democratic Republic of Ethiopia and the IMF
Updated May 9, 2013
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The last Article IV Executive Board Consultation was on September 12, 2012. Listed below are items related to The Federal Democratic Republic of Ethiopia, in reverse chronological order (you can also view items by category).
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 | November 15, 2010 -- Press Release: IMF Executive Board Completes Second and Final Review Under Ethiopia's ESF Arrangement and Approves US$62.67 Million Disbursement
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 | October 08, 2010 -- The Federal Democratic Republic of Ethiopia -- Letter of Intent, and Memorandum of Economic and Financial Policies, October 08, 2010
PDF File Size: 420Kb
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 | September 16, 2010 -- Press Release: IMF and Ethiopia Reach Staff-Level Agreement on Second Review Under the Exogenous Shocks Facility
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 | June 23, 2010 -- Ethiopia: 2010 Article IV Consultation and First Review of the Arrangement under the Exogenous Shocks Facility - Staff Report; Staff Supplements; and Press Release on the Executive Board Discussion
Series: Country Report No. 10/175
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 | June 22, 2010 -- IMF Survey: For Sustained Growth, Ethiopia Needs to Promote Remonetization
Ethiopia has made progress in restoring economic stability in 2009, while maintaining strong growth, the IMF says in its regular review of the east African country’s economy. Ethiopia’s top short-term priority is to arrest a demonetization trend and promote financial deepening.
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 | June 11, 2010 -- Press Release: IMF Executive Board Completes First Review Under Ethiopia’s ESF Arrangement and Approves US$58.7 Million Disbursement
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 | April 28, 2010 -- The Federal Democratic Republic of Ethiopia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 28, 2010
PDF File Size: 486Kb
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 | April 24, 2010 -- IMFC Statement by Olusegun O. Aganga, Minister of Finance, Federal Ministry of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 356Kb
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 | April 08, 2010 -- Press Release: 12th IMF-East AFRITAC Steering Committee Meeting Concluded in Addis Ababa on April 7, 2010
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 | March 24, 2010 -- Press Release: Statement at the Conclusion of an IMF Mission to Ethiopia
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 | September 23, 2009 -- The Federal Democratic Republic of Ethiopia: Request for a 14-Month Arrangement under the Exogenous Shocks Facility-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia
Series: Country Report No. 09/296
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 | August 26, 2009 -- Press Release: IMF Executive Board Approves US$240.6 Million Arrangement for the Federal Democratic Republic of Ethiopia Under the Exogenous Shocks Facility
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 | August 07, 2009 -- The Federal Democratic Republic of Ethiopia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, August 07, 2009
PDF File Size: 450Kb
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 | April 25, 2009 -- IMFC Statement by H.E. Tito Mboweni, Governor, South African Reserve Bank, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia. PDF File Size: 337Kb
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 | February 03, 2009 -- Press Release: IMF Deputy Managing Director Kato Visits Ethiopia and Discusses Global Economic Challenges with the African Union
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 | February 03, 2009 -- What The Global Financial Crisis Means for Sub-Saharan Africa, Speech by Mr. Takatoshi Kato, Deputy Managing Director, IMF
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 | February 03, 2009 -- IMF Survey: IMF to Assist Africa Hit Hard by Global Downturn
Although Africa will grow by more than 3 percent in 2009, the continent is likely to be hard hit by the global economic downturn, threatening to set back progress made across the region in recent years, the IMF says.
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 | February 02, 2009 -- The Federal Democratic Republic of Ethiopia: Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia
Series: Country Report No. 09/34
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 | February 02, 2009 -- IMF Survey: IMF Lends Ethiopia $50 Million to Help Absorb Price Shocks
The IMF approves a $50 million loan for Ethiopia to help its economy adjust to the steep increases in international prices of fuel, fertilizer, and cereals in 2008. The price increases weakened Ethiopia's international reserves position and contributed to inflationary pressure.
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 | January 23, 2009 -- Press Release: IMF Executive Board Approves US$50 Million Disbursement to the Federal Democratic Republic of Ethiopia Under the Exogenous Shocks Facility
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