@addisstandardeng · Post #21104 · 17.01.2026 г., 08:32
News: #IMF approves $261 million disbursement to #Ethiopia, cites stronger macroeconomic performance The International Monetary Fund (IMF) has approved the immediate release of US$261 million to Ethiopia under its Extended Credit Facility (#ECF), following the completion of the fourth review of the country’s reform program. The decision, the Fund said, reflects “stronger-than-anticipated macroeconomic outcomes and overall performance broadly in line with program commitments.” In a statement issued on 16 January 2026, the IMF said the Executive Board’s decision under the 48-month ECF arrangement will support Ethiopia’s balance of payments and fiscal financing needs. The disbursement brings total funding released under the program to approximately US$2.183 billion (SDR 1.6 billion). To strengthen the foreign exchange market, the IMF introduced a new performance criterion setting a zero limit on foreign exchange intervention outside of auctions. Read more: https://addisstandard.com/?p=54630