High-level Ethiopian Delegation Holds Fruitful Discussion with World Bank, IMF

Addis Ababa, April 19, 2024(Addis Walta) A high-level Ethiopian Government delegation led by Finance Minister Ahmed Shide held a fruitful discussion with the high-ranking officials of the World Bank and IMF.

The delegation held a successful discussion with the Managing Director of IMF, Kristalia Georgieva, the World Bank Vice president for East and Southern Africa, Victoria Kwakwa, the World Bank’s International Development Association Department (IDA) Vice President, Akihiko Nishio and other senior officials of the IMF and World Bank.

The two sides discussed various issues about the Ethiopian economy including the economic reform being underway, the efforts to enhance job creation and productivity, as well as activities to expedite the participation of the private sector in the economy among other vital issues.

Officials of the institutions have commended the ongoing measures taken by Ethiopia to stabilize the overall economy and ease inflation as well as the implementation of the second phase of Homegrown Economic Reform.

A discussion was also held on ways how the World Bank and IMF would work with the government of Ethiopia and extend the necessary support to enable Ethiopia to fully implement the economic reform efforts.

The delegation of Ethiopia includes the Governor of the National Bank of Ethiopia, Mamo Mihiretu, Senior Advisor of the Prime Minister, Teklewold Atnafu, Finance State Minister, Eyob Tekaligne, and other high-level government officials.