This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Ethiopia and the IMF. Additional information can be found on the Ethiopia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ethiopia.
At a Glance
- Current IMF membership: 191 countries
- Ethiopia joined the Fund in December 27, 1945
- Total Quotas: SDR 300.70 Million
- Article IV/Country Report: January 28, 2020 IMF Country Report No. 20/29
Office Activities
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Contextualizing Ethiopia’s Recent Economic Performance
Keynote Address by Abebe Aemro Selassie, Director, African Department, IMF at the Ethiopian Economics Association’s 17th International Conference on the Ethiopian Economy.
July 18, 2019
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G20 Compact with Africa Peer Learning Workshop on Private Sector-Led Diversification and Growth
Remarks by Abebe Aemro Selassie, Director, African Department, IMF Addis Ababa, Ethiopia
July 17, 2019
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Regional Economic Outlook for Sub-Saharan Africa and Macroeconomic Issues for Ethiopia
Presentation by the IMF Resident Representative to development partners and private sector representatives
November 1, 2013
IMF's Work on Ethiopia
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Press Briefing Transcript: Julie Kozack, Director, Communications Department, March 6, 2025
March 6, 2025
IMF's Communications Department Director Julie Kozack discusses Argentina, Ukraine, Egypt, and other relevant developments.
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IMF Press Briefing Transcript, February 6, 2025
February 6, 2025
Good morning, everyone. It's great to see you all, here in person and online. Welcome to the first IMF press briefing for 2025. I'm Julie Kozak, Director of the Communication Department.
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January 29, 2025
Series:Country Report No. 2025/027
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January 17, 2025
The IMF Executive Board completed the second review of the arrangement under the Extended Credit Facility (ECF) for Ethiopia, allowing the authorities to draw the equivalent of about US$248 million (SDR 191.7 million). The ECF was approved by the IMF Executive Board in July 2024 and forms part of a US$10.7 billion support package from development partners and creditors for Ethiopia.
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IMF Staff Concludes Visit to Djibouti
December 12, 2024
An International Monetary Fund (IMF) team, led by Ms. Esther Pérez Ruiz, visited Djibouti from December 8 to 12, 2024
Regional Economic Outlook
October 25, 2024
Sub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report
Departmental Papers on Africa
