IMF Approves $261 Million Payout to Ethiopia After Review

The International Monetary Fund headquarters in Washington. — The International Monetary Fund headquarters in Washington.
Photographer: Andrew Harrer/Bloomberg

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By Monique Vanek and Jorgelina Do Rosario

January 16, 2026 at 7:55 PM UTC

Updated on

January 16, 2026 at 8:20 PM UTC

The International Monetary Fund executive board agreed to immediately disburse about $261 million to Ethiopia after the nation reached an agreement in principle with bondholders to restructure its debt.

The new tranche brings the total the Horn of Africa nation has received from the Washington-based lender to about $2.2 billion since it signed a $3.4 billion program in July 2024, the IMF said in a statement Friday.