IMF Staff Concludes Visit to Ethiopia

IMF News, April 7, 2023

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IMF Staff Concludes Visit to Ethiopia

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Bibliographic details

• Published: April 7, 2023

Mission overview

• Press Release No. 23/111
• Date: April 7, 2023
• Mission leader: Mr. Alvaro Piris
• Mission location and dates: Addis Ababa; visited from March 27 to April 7, 2023
• Purpose: To hold discussions on the authorities’ request for IMF support for their reform program

Key statements and findings

• "The IMF team welcomes the authorities’ Homegrown Economic Reform Agenda (HGER II), an ambitious reform program that aims to address key macroeconomic vulnerabilities and unleash Ethiopia’s considerable economic potential."
• "We made progress in discussing the scope for IMF support for this reform program."
• The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board.
• "This mission will not result in a Board discussion."

Next steps

• "Discussions will continue in Washington, DC, next week, in the context of the IMF-World Bank Spring Meetings, and in coming weeks."

Media contact

• IMF Communications Department
• MEDIA RELATIONS
• PRESS OFFICER: Nico Mombrial
• Phone: +1 202 623-7100
• Email: MEDIA@IMF.org
• @IMFSpokesperson

Source: IMF Staff Concludes Visit to Ethiopia (Press Release No. 23/111), April 7, 2023.

References

• The Federal Democratic Republic of Ethiopia and the IMF
• Press Releases
• PRESS CENTER
• https://www.imf.org/en/home