IMF Board Endorses Second Evaluation of Ethiopia’s $3.4 Billion Initiative
An expansive view of the bustling cityscape of Addis Ababa, Ethiopia, April 24, 2024. REUTERS/Tiksa Negeri/File Photo Purchase Licensing Rights
In a world where financial stability often dances on the edge of chaos, the International Monetary Fund (IMF) has given Ethiopia reason for cheer. The IMF's executive board, like the proverbial knight in shining armor, signed off on the second review of Ethiopia's economic aid initiative on Friday. This momentous nod of approval unlocks a substantial disbursement of nearly $250…