•Meets with IMF, World Bank officials
ADDIS ABABA – The Ethiopian delegation led by Finance Minister Ahmed Shide has conducted extensive deliberation with key U.S. agencies, the Ministry of Finance said.
The discussion has focused on the political and economic developments in Ethiopia and the region at large. Ethiopia strongly values its partnership with the U.S., it said.
During the meeting held on the sidelines of the ongoing spring meetings of the International Monetary Fund (IMF) and the World Bank, Ahmed discussed how the government is confronting the challenges of impacts of conflict, climate change and rising inflation fueled by global supply constraints.
The delegation led by the Minister of Finance Ahmed Shide has conducted extensive deliberation with key the U.S government agencies such as the U.S Treasury, USAID, the special envoy for Horn of Africa and others on historic, strategic and vitally important bilateral relations.
The delegation had discussed with Melinda, Co-Chair and Founder of Bill and Melinda Gates Foundation on the Foundation’s support to health, agriculture and digital sectors of Ethiopia on the sidelines of the 2022 WB-IMF Spring meetings. The Minister met with World Bank Country Director Ousmane Dione and discussed a range of issues, including impact of the current challenges, growth and World Bank support.
The Minister and Country director have also discussed the progress of reforms, the Bank’s portfolio performance and on how to strengthen cooperation between the World Bank and Ethiopia.
State Minister of Finance Eyob Tekalign (PhD) for his part tweeted that the resilience of the Ethiopian economy despite multiple shocks and the quick rebound was astounding. Ethiopia has capacity to attract more investment both in debt and equity.
Ahmed expressed gratitude to the World Bank for the recent support extended to the Response-Recovery-Resilience for Conflict- Affected Communities Project. The Country Director has reaffirmed his commitment to the delivery of pipeline projects which are keen to help the government have a sustained focus on the medium-term development priorities.
BY TSEGAYE TILAHUN
The Ethiopian herald April 26/2022
