The IMF has received a request for financial assistance from Ethiopian authorities to support the country’s economic reforms, according to the spokesperson, noting that the country has been hit by a number of shocks, including drought, the COVID-19 pandemic, domestic conflicts, and the impact of Russia’s war in Ukraine.
According to a spokesman from the International Monetary Fund (IMF), IMF personnel are in Ethiopia this week completing technical work in preparation for a future IMF-supported program for the East African country.
A mission team is “on the ground doing technical work to prepare for a potential IMF-supported program,” the Washington-based lender said Monday in response to emailed questions. The Horn of Africa nation requested financial assistance from the IMF, it said.
