The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan ...

The BRICS countries, which have grown to include 10 member states since last year, are meeting for their annual summit from 6 ...

The IMF Executive Board completed the third review under the Extended Credit Facility (ECF) arrangement for Ethiopia, allowing the authorities to draw the equivalent of about US$262.3 million (SDR 191 ...

Prime Minister Narendra Modi, at the 17th BRICS Summit in Rio de Janeiro, urged calls for reforms in global governance and ...

The World Bank has approved USD one billion in support of Ethiopia’s ongoing macroeconomic reforms, according to officials at ...

Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the ...

Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting ...

The BRICS summit in Rio de Janeiro marked a pivotal moment for the expanding group of developing nations as leaders condemned ...

The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...

The African Development Bank (AfDB) forecasts Ethiopia’s economy will grow by 7.3 percent in 2025, deviating significantly ...

Parliament on Thursday unanimously endorsed the record 1.93 trillion Birr budget proposed by officials at the Ministry of Finance for the 2025/26 fiscal year.

The money will bolster government efforts to ensure financial sector stability, enhance trade competitiveness and strengthen ...