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Bole Medhane Alem Church

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

Federal Democratic Republic of Ethiopia Resident Representative Site

Resident Representative Office in Ethiopia

July 18, 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

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Regional Economic Outlook for Sub-Saharan Africa and Macroeconomic Issues for Ethiopia

Presentation by the IMF Resident Representative to development partners and private sector representatives click for more

Africa’s Success: More Than A Resource Story

By Antoinette M. Sayeh click for more

Interview with the Resident Representative on Ethiopian Economy

May 2013 click for more

Op-Ed on Regional Economic Outlook for Sub-Saharan Africa

November 2012 click for more

IMF Helps Ethiopia Tackle Falling Exports, Remittances, and Investment

IMF Podcast: Sukwinder Singh, IMF Resident Representative, Ethiopia click for more

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Ethiopia and The IMF

Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund and Siddharth Tiwari, Director, Strategy, Policy, and Review Department

June 26, 2015

Press Release: IMF Staff Completes 2015 Article IV Mission to Ethiopia

June 19, 2015

Press Release: East African Officials Note Progress in Harmonization of National Accounts Statistics

February 25, 2015

Press Release: IMF’s East AFRITAC Holds Regional Workshop on Micro Prudential Stress Testing

January 16, 2015

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with the Federal Democratic Republic of Ethiopia

October 3, 2014

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Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Sub-Saharan Africa's economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region's oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An uneven global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remains crucial to sustain high and inclusive growth, generate jobs for the rapidly growing young population, and foster integration into global value chains. Click for more



Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.



IMF Opens Africa Training Institute in Mauritius

Africa Training Institute (ATI) Logo

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.