International Monetary Fund says its team is conducting technical work in Addis Ababa in preparation for a potential IMF-supported program for Ethiopia.
The country has been hit by multiple shocks including drought, spillovers from the war in Ukraine, and internal conflicts.
The ongoing discussions with Ethiopian officials are focused on the reform plans and ways to help the country meet its challenges
The Ethiopian government has requested the global lender for financial assistance, an IMF spokesperson confirmed.
Bloomberg, which first reported the IMF visit, said officials from the fund would last for 10 days.
Referance:Ethiopian Monitor March 28/2023
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