IMF approves immediate disbursement of 248 mln USD to Ethiopia

NAMPA / Xinhua
2025-01-19
ADDIS ABABA, Jan. 19 (Xinhua) -- The Executive Board of the International Monetary Fund (IMF) has approved an immediate disbursement of about 248 million U.S. dollars to Ethiopia to help the East African country meet its balance of payments needs. The decision came after the IMF held its second review of the 48-month Extended Credit Facility (ECF) for Ethiopia, according to an IMF statement, the state-run Ethiopian News Agency reported Saturda......
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