PM Abiy Holds Talks with IMF, World Bank Chiefs

ADDIS ABABA – Ethiopian Prime Minister Abiy Ahmed has held discussions with top officials of the International Monetary Fund (IMF) and World Bank Group (WBG) in Washington DC.

The discussions between Abiy and the respective top officials of the two institutions were held on the sidelines of the ongoing US-Africa Leaders Summit.

Abiy and his delegation first met with the Managing Director of the IMF Kristalina Georgieva.

He said the “productive discussion” with Kristalina was on Ethiopia’s transformative economic reform agenda.

The issues raised include the need for debt resolutions, according to the PM.

“I express our resolve to preserve past gains and deepen our reforms further,” he added.

On the same day, the PM also met with World Bank Group’s President David Malpass.

The two sides discussed the World Bank’s support for the reforms in Ethiopia, according to Abiy.

“The return of peace is a chance to accelerate the economic transformation agenda that enhance productivity and job creation,” said the PM.

The meeting between Abiy and David comes a day after the board of directors of the World Bank approved $745 Million to Ethiopia in grants.

The fund will finance two projects that aim to improve access to health services and the flood management capacity of Ethiopia.

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