Economy

The International Monetary Fund (IMF) announced the successful completion of the first review of Ethiopia's 48-month Extended Credit Facility (ECF)...

Ethiopia is undergoing a transformative phase in its economic history, marked by the National Bank of Ethiopia’s (NBE) recent announcement...

A team from the International Monetary Fund (IMF), led by Mr. Alvaro Piris, visited Addis Ababa from September 17 to...

The World Bank's Board of Executive Directors has approved a $1.5 billion financing package to support Ethiopia's home-grown economic reforms....

The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under the Extended Credit Facility (ECF)...

Prime Minister Abiy Ahmed has announced key policy measures under the second phase of the Homegrown Economic Reform Program (HGER...

Ethiopia has attracted $3.82 billion in foreign direct investment (FDI) during the recently concluded Ethiopian fiscal year, as reported by...

The Central Bank of the UAE (CBUAE) and the National Bank of Ethiopia (NBE) have signed a significant currency swap...

The National Bank of Ethiopia (NBE) has announced that the country's inflation rate fell to 19.9% in June 2024, a...

Today, Prime Minister Abiy Ahmed addressed the Ethiopian Parliament, where he faced numerous questions from lawmakers about the country's current...