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Ethiopia: International Monetary Fund (IMF) delegation assessed ongoing economic reforms

A summit highlighting the role of the capital market and a visit from an International Monetary Fund (IMF) delegation to assess ongoing economic reforms marked this week in Ethiopia.

Addis Ababa.- Ethiopian Finance Minister Ahmed Shide stated that the stock market will play a fundamental role in strengthening integration into the global financial system and improving investor confidence.

Shide declared that a well-regulated and transparent financial platform is essential to align Addis Ababa with international standards and expand its access to global investment.

“It provides foreign investors with clarity, consistency, and confidence through government securities, corporate bonds, equities, infrastructure instruments, international capital gains, and structured access to productive sectors of our economy,” he added.

In this regard, he emphasized the importance of strong coordination among the institutions that play different roles in building a credible, resilient, and transparent financial ecosystem. He noted that the government’s responsibility is to establish a fiscal and financial architecture that directs capital toward its highest value and empowers citizens to participate in the nation’s economic growth. “In doing so, we’re not simply financing infrastructure, businesses, or public services; we are financing Ethiopia’s future: a stable, dynamic, inclusive, and sustainable future,” he asserted.

The Ethiopian Finance Minister stated that infrastructure development remains a critical priority where capital markets can be transformative. (PL)