Federal Democratic Republic of Ethiopia Resident Representative Site
Resident Representative Office in Ethiopia
February 19, 2013
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.
News and Highlights
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.
Ethiopia and The IMF
Press Release: IMF Regional Technical Assistance Center for East Africa Scales Up Activities; External Evaluation Commends Very Strong Performance
March 20, 2013
Subject: Statistics | Africa | National accounts | Monetary statistics | Government finance statistics | Balance of payments statistics | Data quality assessment framework | General Data Dissemination System | Special Data Dissemination Standard | Technical assistance
October 18, 2012
Series: Country Report No. 12/287
Press Release: Statement by IMF Managing Director Christine Lagarde on Death of Prime Minister Meles Zenawi of Ethiopia
Regional Economic Outlook for Sub-Saharan Africa
Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 5¼ percent a year in 2012–13. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the US–the so called fiscal cliff.