IMF Deputy Chief Commends Ethiopia’s Reform Momentum, Reaffirms Support

Addis Ababa, October 13, 2026 (ENA) —Ethiopia’s commitment to economic reform and its determination to navigate persistent challenges have earned recognition from a senior International Monetary Fund (IMF) official.

In a press release sent to ENA, the National Bank of Ethiopia (NBE) said the recognition signals continued engagement between Ethiopia and the IMF as the country advances its economic transformation agenda.

Nigel Clarke, Deputy Managing Director of the IMF, praised Ethiopia’s resilience, strength and sustained commitment to advancing macroeconomic reforms during a bilateral meeting with Dr. Eyob Tekalign, Governor of NBE.

 

Clarke commended the country’s resolve to maintain reform momentum while navigating economic challenges, highlighting its continued efforts to advance its macroeconomic agenda.

He also reaffirmed the IMF’s commitment to deepening its partnership with Ethiopia and providing continued support for the country’s economic transformation.

The meeting underscores the importance of continued cooperation between Ethiopia and the IMF as the country works to strengthen macroeconomic stability, build economic resilience and advance its broader reform objectives.

 

For Ethiopia, sustaining reform momentum will be critical to translating policy changes into tangible economic gains, strengthening investor confidence and laying the foundation for more resilient and inclusive growth, according to the press release.

The IMF’s reaffirmation of support provides an important basis for continued engagement as Ethiopia advances its reform agenda and seeks to strengthen the foundations of long-term economic development, ENA learned.