The International Monetary Fund on Thursday approved the release of 261 million US dollars to Ethiopia after completing the fourth review of the country’s 48-month Extended Credit Facility programme, bringing total disbursements under the arrangement to about 2.183 billion US dollars. The IMF said the financing would help Ethiopia meet its balance of payments and fiscal financing needs as the government continues to implement its Homegrown Economic Reform Agenda. The Fund said overall programme performance was broadly in line with commitments, with all quantitative performance criteria and most indicative targets met. The IMF said Ethiopia had committed to measures to ensure the fiscal deficit remains financeable and that spending stays aligned with programme objectives. “Maintaining the reform momentum remains key to the promising macroeconomic outlook,” he said.

Source: Ethiopian News January 17, 2026 11:02 UTC