International Monetary Fund (IMF) Staff Concludes Visit to Ethiopia

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At the end of the visit, Mr. Piris issued the following statement: “The IMF team welcomes the authorities’ Homegrown Economic Reform Agenda (HGER II), an ambitious reform program that aims to address key macroeconomic vulnerabilities and unleash Ethiopia’s considerable economic potential.

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We made progress in discussing the scope for IMF support for this reform program. Discussions will continue in Washington, DC, next week, in the context of the IMF-World Bank Spring Meetings, and in coming weeks. We thank the authorities for their warm hospitality and the productive discussions.”