UPDATE 1-IMF giving advice to Ethiopia's creditors, monitoring conflict - News Summed Up

UPDATE 1-IMF giving advice to Ethiopia's creditors, monitoring conflict


The statement did not provide any details on the timing of a potential mission, which Ethiopia's finance minister had said was expected in September.. But fighting has erupted again around the borders of Ethiopia's northern Tigray region, shattering a ceasefire declared in March. "We are closely following the recent developments on the ground and hope that there is a quick return to peace," the spokesperson said. "The Fund has been and will continue to work closely to provide needed technical support to the work of the creditor committee," the spokesperson added. "Building on the IMF staff visit in June, we look forward to discussing with the Ethiopian authorities their reform plans and modalities for potential IMF support."


Source: Ethiopian News September 16, 2022 00:00 UTC



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