Economy

The Council of Ministers has discussed and approved two draft proclamations submitted by the Ethiopian government in partnership with the...

Ethiopia has achieved a record-breaking milestone, earning over $1 billion from gold exports within just five months, the Ministry of...

The National Bank of Ethiopia (NBE) is expected to revise its policy rate, or National Bank Rate (NBR), early next...

Ethiopia is undergoing a remarkable transformation in its payment system, driven by a commitment to building a more digital and...

Ethiopian Investment Holdings (EIH) has announced the expansion of its portfolio with the addition of eight prominent State-Owned Enterprises (SOEs)....

The National Bank of Ethiopia (NBE) released its second annual Financial Stability Report in November 2024, providing a comprehensive assessment...

The International Monetary Fund (IMF) staff and Ethiopian authorities have reached a staff-level agreement on economic policies to conclude the...

In its 40th regular session, Ethiopia’s Council of Ministers approved a supplementary budget of 581.98 billion birr to address additional...

The International Monetary Fund (IMF) Executive Board has completed the first review of Ethiopia's economic program under the Extended Credit...

In an upcoming release, the International Monetary Fund (IMF) is set to publish the first evaluation report on Ethiopia’s macroeconomic...