The IMF Executive Board completed the third review under the Extended Credit Facility (ECF) arrangement for Ethiopia, allowing the authorities to draw the equivalent of about US$262.3 million (SDR 191 ...

Afriland First Bank and Commercial Bank of Ethiopia will charge fees equivalent to 0.5 percent ... According to the International Monetary Fund (IMF), the South Sudanese economy is expected to recover ...

Summit positions BRICS Plus as a transformative force, with the Rio Declaration and expanded membership signaling multipolar ambitions. Yet, leadership absences, U.S. tariffs, and institutional ...

From tariffs and trade to AI, climate and bloc expansion, here are the key takeaways from the BRICS Summit in Brazil ...

COMMENT: It is much cheaper to steer communities away from violence than to respond to its devastating impacts, write Labour ...

While its membership bid is seemingly suspended, Ankara signals deeper engagement with BRICS, stressing international reform ...

Russian President Vladimir Putin called the liberal globalization model outdated and urged BRICS countries to strengthen ...

Addressing the BRICS Summit in Brazil, PM Modi said, "Under India's BRICS Chairmanship, we will define BRICS in a new form. BRICS would mean 'Building Resilience and Innovation for Cooperation and ...

Ethiopia continues with debt restructuring talks.Ethiopia and IMF staff reached a staff-level agreement on May 30, citing “strong results” from the first year of the programme, which aims to stabilise ...

The World Bank has approved USD one billion in support of Ethiopia’s ongoing macroeconomic reforms, according to officials at the Ministry of Finance. The approval was announced days after the ...