Economy
IMF Postpones Release of Sixth Loan Tranche to Ethiopia
Wazema · 3 hours ago · Read the Full Story on Wazema
AI SUMMARY
The International Monetary Fund has postponed the release of the sixth loan tranche of 206 million USD to Ethiopia, with discussions and a final decision now expected in the coming months.
- The International Monetary Fund postponed the release of the sixth tranche from its approved 3.4 billion USD loan program for Ethiopia.
- Discussions with government officials on the sixth macroeconomic implementation review will begin next month.
- The Executive Board is expected to make a final decision on the loan disbursement in the early months of the coming year.
- The loan tranche was originally scheduled for release around October 15.
- The sixth round loan amount totals 206 million USD.
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