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.

Ethiopia and the IMF Country Page

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At a Glance

  • Current IMF membership: 189 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 Federal Democratic Republic of Ethiopia: Staff Report for the 2015 Article IV Consultation, October 30, 2015, Series: Country Report No. 15/300

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IMF's Work on Ethiopia

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Regional Economic Outlook

Sub-Saharan Africa: Domestic Revenue Mobilization and Private Investment

May 2018

Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018, with growth accelerating in about two-thirds of the countries in the region aided by stronger global growth, higher commodity prices, and improved capital market access. On current policies, average growth in the region is expected to plateau below 4 percent—barely 1 percent in per capita terms—over the medium term. Turning the current recovery into sustained strong growth consistent with the achievement of the SDGs would require policies to both reduce vulnerabilities and raise medium-term growth prospects. Prudent fiscal policy is needed to rein in public debt, while monetary policy must be geared toward ensuring low inflation. Countries should also strengthen revenue mobilization and continue to advance structural reforms to reduce market distortions, shaping an environment that fosters private investment. Read the report


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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.