The IMF team headed by Julio Escolano visited Addis Ababa between September 13 to 26 this year. In the short term, however, the current account deficit remains high, and indebtedness and associated risks have increased. “The current positive investor sentiment towards Ethiopia could be enhanced by reforms to improve the business climate. “In the short term, however, the current account deficit remains high, and indebtedness and associated risks have increased. The IMF team later met with Prime Minister, Hailemariam Desalegn to present key findings and recommendations.

Source: Ethiopian News September 29, 2017 09:56 UTC