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IMF Executive Board Approves US$411 Million in Emergency Assistance to Ethiopia to Address the COVID-19 Pandemic

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Ethiopia is going through a pronounced financial slowdown and an pressing stability of funds want owing to the COVID-19 pandemic. To deal with this pressing want, the IMF authorised US$411 million emergency help for Ethiopia below the Fast Financing Instrument. The nation can even profit from IMF debt service reduction below the Disaster Containment and Reduction Belief. The authorities have taken swift and decisive motion to include the affect of COVID-19 by strengthening the well being system, adopting a state of emergency to restrict the unfold of the virus, and implementing measures to help the economic system. The Government Board of the Worldwide Financial

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