Ethiopia: IMF review delay shifts the fiscal test home

The IMF has deferred its decision on Ethiopia’s sixth program review to early 2027, delaying a smaller-than-planned payout. With external debt restructuring almost complete, the reform’s credibility now hinges on how Addis Ababa taxes, borrows and budgets at home.

Ethiopia: IMF review delay shifts the fiscal test home
The IMF has deferred its decision on Ethiopia’s sixth program review to early 2027, delaying a smaller-than-planned payout. With external debt restructuring almost complete, the reform’s credibility now hinges on how Addis Ababa taxes, borrows and budgets at home.