IMF Board to Discuss Ethiopia’s Next Disbursement on Friday
- Fund will meet on the second review of the program this week
- The country still needs to restructure its debt to creditors
Central Addis Ababa
Photographer: Michele Spatari/BloombergThis article is for subscribers only.
The International Monetary Fund’s executive board of directors is scheduled to meet this week to discuss Ethiopia’s latest review under a $3.4 billion loan.
The formal meeting for the extended credit facility is set for Jan. 17, and will pave the way for the completion of the second review of the program, after the Washington-based lender announced a staff level agreement last year. A spokesperson for the IMF confirmed that the board is set to meet on Friday.