“Ethiopia’s macroeconomic reform program is a spotlight for African Prosperity”
-IMF Managing Director, Kristalina Georgieva
Addis Ababa, 2 February 2017
In her final remark today, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), hailed Ethiopia’s homegrown macroeconomic reform program as a significant catalyst for prosperity across Africa.
The Managing Director, Kristalina Georgieva and Ethiopian Finance Minister Mr. Ahmed Shide held a media briefing to explain the institution’s financial and economic assistance provided to Ethiopia.
The Director emphasized that the program exemplifies Ethiopia’s commitment to sustainable economic growth and stability, positioning it as a model for other nations on the continent.
The initiative, focusing on enhancing fiscal policies and addressing structural economic challenges, aims to stimulate investment and improve living standards for all Ethiopian people.
Kristalina Georgieva, underscores the program’s potential to not only transform the Ethiopian economy, but also serve as a guiding framework for African countries striving for economic resilience.
The IMF Managing Director has also reflected a growing acknowledgment of local solutions to complex economic issues, highlighting Ethiopia as a leading example of African ingenuity and determination in fostering regional development and cooperation.
