World Bank Operations Managing Director, Finance Minister Hold Fruitful Discussion

Addis Ababa December 8/2023 (ENA)-Finance Minister Ahmed Shide and World Bank Operations Managing Director Anna Bjerde had fruitful discussion on Ethiopia's macro economy and development today. 

During the discussion, Finance Minster Ahmed said the World Bank is the largest and consistent development partner of Ethiopia.

The investment development partners make in Ethiopia can be considered as investment at continental level since the nation has a special place in East Africa in terms of population and natural resources, he added. 

According to the minister, Ethiopia’s development cooperation with the World Bank has been fruitful and the projects carried out with the financial support of the World Bank are performing well.

Ahmed also stressed the need for a sustained support of the World Bank to ensure macroeconomic stability, realize economic reform, empower the private sector, implement the rehabilitation program, strengthen infrastructures, and strengthen economic integration with neighboring countries, among others. 

World Bank Operations Managing Director Anna Bjerde reaffirmed that the World Bank would continue supporting Ethiopia’s effort to ensure economic reform, strengthen the private sector, expand infrastructure, realize rehabilitation works, and improve the livelihood of citizens. 

National Bank Governor Mamo Mehretu, Finance State Ministers Eyob Tekalign and Semerita Sewasew and other officials of the ministry as well as the World Bank attended the meeting.