IMF -- Resident Representative Office in Ethiopia

Bole Medhane Alem Church, Ethiopia (Photo by Reiner Barczinski)

Federal Democratic Republic of Ethiopia Resident Representative Site

Resident Representative Office in Ethiopia

July 30, 2009

This web page provides information in 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 Ethiopia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ethiopia.

At a Glance: Ethiopia's Relations with the IMF

Current membership: 186 countries
Ethiopia joined the Fund in December 27, 1945
Total Quotas: SDR 133.70 Million (As of April 30, 2008)
Outstanding Purchases and Loans: SDR 106.97 Million
The last Article IV Executive Board Consultation (Country Report No. 08/264), was on July 14, 2008

News and Highlights

Ethiopia and The IMF

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

September 23,2009
Series: Country Report No. 09/296

The Federal Democratic Republic of Ethiopia -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, August 07, 2009

September 23,2009
PDF File Size: 450Kb

Press Release: IMF Executive Board Approves US$240.6 Million Arrangement for the Federal Democratic Republic of Ethiopia Under the Exogenous Shocks Facility

August 26,2009

Press Release: IMF Deputy Managing Director Kato Visits Ethiopia and Discusses Global Economic Challenges with the African Union

February 3,2009

What The Global Financial Crisis Means for Sub-Saharan Africa, Speech by Mr. Takatoshi Kato, Deputy Managing Director, IMF

February 3,2009

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.

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Resident Representative for Ethiopia

Sukhwinder Singh
Resident Representative in Addis Ababa
Heritage Plaza building
Cameroon Road
Addis Ababa
E-mail: rr-eth@imf.org
Office telephone (251-11) 662-7800
Fax: (+251) 116 627 803