Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), acknowledged the challenges of Ethiopia's ongoing macroeconomic reforms, describing them as "tough" and noting that ...

The Fund’s prescriptions range from SOE privatization, forex regime liberalization, and deregulation to lifting subsidies and ...

Will inflation result? Will the large inflows boost the exchange rate and make exports less competitive, and should this be resisted? We examined the record of five African countries—Ethiopia, Ghana, ...