What’s Wrong with the IMF's Approach to Ethiopia? - News Summed Up

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What’s Wrong with the IMF's Approach to Ethiopia?


By Kebour GhennaThe International Monetary Fund (IMF) recently gave Ethiopia a pat on the back, praising its economic reforms and tighter monetary policies. First, the exchange rate gap. A particularly troubling aspect of the IMF’s assessment is its praise for Ethiopia’s tight monetary policies. Ethiopia’s economy requires robust public investment, especially in infrastructure and agriculture, to create jobs and reduce poverty. The conflict not only disrupts livelihoods but also undermines the very foundation of economic growth and food security.


Source: Ethiopian News November 23, 2024 09:48 UTC



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