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A service for global professionals · Thursday, May 15, 2025 · 812,997,677 Articles · 3+ Million Readers
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Ethiopia IMF News Monitoring

  • Published on Sep 22, 2024

    Impact of Ethiopia’s IMF-backed forex floating on consumer

    BY YANET FANTAYE WOGAYEHU – As Ethiopia grapples with rising inflation and internal conflicts, consumers are closely watching for signs of relief following the government’s July decision to introduce a floating foreign exchange (forex) rate. In addition to …

    Source: New Business Ethiopia - Pending
  • Published on Jul 29, 2024

    Ethiopia devalues its Birr 31 percent

    The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of the country’s currency – Birr against major currencies. Following today’s implementation of the new directive that …

    Source: New Business Ethiopia - Pending
  • Published on Feb 14, 2024

    Why China Does Not Have “Imperialistic Intentions” in Africa

    Speaking at an event earlier this month, former Greek finance minister Yanis Varoufakis was confronted with a reporter who slammed China’s economic and political activities in Africa. She argued that China, which is expanding its influence in Africa …

    Source: Disruption Banking - Pending
  • Published on Oct 10, 2023

    G-24 calls for urgent multilateral system reform

    By Andualem Sisay Gessesse (Marrakech, Morocco)- The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) today called for an urgent need for reform of the multilateral system to address global challenges. At the …

    Source: New Business Ethiopia - Pending
  • Published on 13:55 GMT

    Is Africa’s answer hidden in the Sahel? Evaluating an emerging sovereignty-driven governance model beyond western ...

    Heads of state of Mali's Assimi Goita, Burkina Faso's Captain Ibrahim Traore and Niger's General Abdourahamane Tiani walk together More than six decades after political independence swept across the African continent, many African states still …

    Source: Joy FM - Pending
  • Published on May 12, 2025

    Informal sector seen fuelling Nigeria, Africa’s inclusive growth

    Inspired by insights from Zainab Usman’s “The End of the Global Aid Industry” (Foreign Affairs, May 2025) For over six decades, many African countries have run on the engine of foreign aid. From mosquito nets in rural clinics to textbooks in underfunded …

    Source: Business Day - Neutral
  • Published on May 12, 2025

    Africa’s economic future in focus as CEOs meet

    Dar es Salaam.  More than 2,000 industry captains, policymakers and development partners from across Africa and the world have gathered in Abidjan for the opening of the 12th edition of the Africa CEO Forum. The high-level gathering, which takes place on …

    Source: The Citizen - Indeterminate
  • Published on May 11, 2025

    They Worked for Decades, Now They Struggle to Survive

    A formal scheme for private-sector employees did not begin deducting contributions until 2012. The minimum monthly benefit reached 3,013Br, and the maximum is tied to the worker’s final three-year average salary. In theory, employees can retire at 55 after …

    Source: Addis Fortune - Neutral
  • Published on May 10, 2025

    UPSC Weekly Current Affairs Quiz | May 04 to May 10, 2025

    🚨 Click Here to read the UPSC Essentials magazine for April 2025. Share your views and suggestions in the comment box or at manas.srivastava@indianexpress.com🚨 Story continues below this ad QUESTION 1 With reference to the HAROP UAV, consider the following …

    Source: The Indian Express - Center-left

04 days 08:30:53

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  • Published on May 13, 2025 - 17:46 GMT

    IMF Approves Major Funds for Bangladesh Amid Reform Progress

    (MENAFN) The International Monetary Fund (IMF) has approved the disbursement of the next two installments, totaling $1.3 billion, of its $4.7 billion loan to Bangladesh. The funds are set to be released in June. This move comes after a series of …

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  • Published on May 12, 2025 - 09:53 GMT

    Ukraine debt discussions unsuccessful

    (MENAFN) Ukraine's government announced on Thursday that it has been unable to reach an agreement to restructure approximately $2.6 billion in debt, raising the risk of a default if it cannot make a scheduled payment by the end of May. A group of GDP …

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