High-level Ethiopian Delegation Hold Productive Discussions with IMF Officials in Washington

Addis Ababa, April 22, 2025 (POA)— A High-Level Ethiopian delegation that has arrived in Washington, D.C. to attend the 2025 International Monetary Fund (IMF) and World Bank (WB) Spring Meetings, has held productive discussions with high level management and officials of the IMF officials on the first day of the meetings, according to Ministry of Finance.

 

The delegation led by Finance Minister Ahmed Shide and comprised of the Governor of the National Bank of Ethiopia Mamo Mihretu, Senior Advisor to the Prime Minister, Teklewold Atnafu, Finance State Minister Eyob Tekalign and other delegates, held productive discussions with high level management and officials of the IMF officials on the first day of the Spring Meetings.

In a press release the ministry sent to ENA, it said the delegation met with the IMF Managing Director Kristalina Georgieva and other high-level officials to exchange views on Ethiopia’s ongoing macroeconomic reforms and areas for further support and collaboration.

 

The managing director commended Ethiopia for the strong determination and great progress made in restoring macroeconomic stability and the critical steps taken to sustain the country’s reform agenda despite global challenges.

Georgieva praised the positive achievements recorded during the recent IMF program review mission held in Ethiopia, including drop in inflation, strong fiscal discipline, and improved revenue mobilization, among other areas.

On his part, Finance Minister Ahmed Shide expressed Ethiopia’s appreciation for the IMF's support, which has been instrumental in advancing the country’s reform agenda aimed at unlocking the country’s full economic potential by strengthening and modernizing the economy, unlocking new growth opportunities, and fostering private sector investment to create jobs and deliver higher standards of living for all Ethiopians.

 

The two sides exchanged views on measures to continue deepening the reform efforts, particularly in further improving the business climate to attract more investment in Ethiopia.

Georgieva reaffirmed IMF’s commitment to support Ethiopia’s Homegrown Economic Reform Program.

The meeting concluded with the two sides pledging for continued collaboration and IMF engagement to support Ethiopia’s growth and development goals, it was learned.