IMF Executive Board Approves US$411 Million in Emergency Assistance to Ethiopia to Address the COVID-19 Pandemic

ZeHabesha Newest Ethiopian Information Supplier
Ethiopia is going through a pronounced financial slowdown and an pressing stability of funds want owing to the COVID-19 pandemic. To deal with this pressing want, the IMF authorised US$411 million emergency help for Ethiopia underneath the Speedy Financing Instrument. The nation may even profit from IMF debt service reduction underneath the Disaster Containment and Reduction Belief. The authorities have taken swift and decisive motion to include the impression of COVID-19 by strengthening the well being system, adopting a state of emergency to restrict the unfold of the virus, and implementing measures to assist the financial system. The Government Board of the Worldwide Financial
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