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.
At a Glance
- Current IMF membership: 189 countries
- Ethiopia joined the Fund in December 27, 1945
- Total Quotas: SDR 300.70 Million
- The Federal Democratic Republic of Ethiopia: Staff Report for the 2018 Article IV Consultation, December 4, 2018, Series: Country Report No. 18/354
Office Activities
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Contextualizing Ethiopia’s Recent Economic Performance
Keynote Address by Abebe Aemro Selassie, Director, African Department, IMF at the Ethiopian Economics Association’s 17th International Conference on the Ethiopian Economy.
July 18, 2019
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G20 Compact with Africa Peer Learning Workshop on Private Sector-Led Diversification and Growth
Remarks by Abebe Aemro Selassie, Director, African Department, IMF Addis Ababa, Ethiopia
July 17, 2019
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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
November 1, 2013
IMF's Work on Ethiopia
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Six Things to Know about Ethiopia's New Program
December 23, 2019
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IMF Executive Board Approves US$2.9 Billion ECF and EFF Arrangements for Ethiopia
December 20, 2019
On December 20, 2019, the Executive Board of the International Monetary Fund (IMF) approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for Ethiopia in an amount equivalent to SDR 2.1049 Billion (around 700 percent of quota or about US$2.9 billion) to help the country implement their `Homegrown Economic Reform Plan’ to maintain macroeconomic stability and improve living standards.
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IMF Reaches Staff-Level Agreement on a US$2.9 Billion Financing Package with Ethiopia
December 11, 2019
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IMF Reaches Staff-Level Agreement on a US$2.9 Billion Financing Package with Ethiopia
December 11, 2019
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Transcript of the October 2019 Annual Meetings African Department Press Briefing
October 18, 2019
Regional Economic Outlook
October 18, 2019
Growth in sub-Saharan Africa is projected to remain at 3.2 percent in 2019 and rise to 3.6 percent in 2020. The expected recovery, however, is at a slower pace than previously envisaged for about two-thirds of the countries in the region, partly due to a challenging external environment. Growth is projected to remain strong in non-resource-intensive countries, averaging about 6 percent. As a result, 24 countries, home to about 500 million people, will see their per capita income rise faster than the rest of the world. In contrast, growth is expected to move in slow gear in resource-intensive countries (2½ percent). Hence, 21 countries are projected to have per capita growth lower than the world average. Reducing risks and promoting sustained and inclusive growth across all countries in the region requires carefully calibrating the near-term policy mix, building resilience, and raising medium-term growth.
Read the Report
Departmental Papers on Africa
