On January 16, 2026, the IMF's executive board completed the fourth review of Ethiopia's current financial program, unlocking around $261 million in new funds 💰 for Addis Ababa.
This support comes through a $3.4 billion lending program secured in 2024 as part of a broad economic reform package aimed at boosting growth and cutting poverty.
The IMF stressed that keeping reform momentum is key, and that tight monetary policy will help sustain disinflation 📉. In December 2025, fund staff and Ethiopian officials agreed on the review's objectives.
Meanwhile, Ethiopia's government reached a preliminary deal with international bondholders on restructuring its $1 billion bond. The pact, which now awaits IMF and bilateral creditors' approval, marks a major step toward restoring debt sustainability 🌍.
In 2024, Ethiopia defaulted on that bond under the G20's Common Framework. In July 2025, it formalized a restructuring deal with bilateral lenders, securing over $3.5 billion in cash-flow relief to stabilize the economy.
For young investors and the global community, these moves spotlight Ethiopia's efforts to navigate complex financial hurdles and chart a path toward steady growth. Stay tuned for more updates! ✨
Reference(s):
IMF board completes fourth review of Ethiopia's financial program
cgtn.com
