The IMF confirmed the presence of the staff mission in the Ethiopian capital. / Photo: Reuters Archive
Ethiopia is in talks with the IMF to borrow around $3.5 billion under a reform programme, three sources familiar with the matter said in December.
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Pakistan and IMF reach preliminary deal to release $1.1 billion from bailout fund, IMF saysPakistan and the International Monetary Fund have reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks in Islamabad. Officials said Pakistan will receive the final tranche from the bailout that was approved by the IMF in July to save the nation from defaulting on its debt repayments.
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