IMF says engaging with Ethiopia but not holding talks on loan program

  • 11/4/2021
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WASHINGTON, Nov 4 (Reuters) - The International Monetary Fund said on Thursday it was continuing to engage on a technical basis with Ethiopia despite a worsening conflict in the country, but given uncertainty, it has not begun discussions on a potential IMF financing program. IMF spokesman Gerry Rice told a news briefing that the Fund is watching developments closely in Ethiopia, as well as in Sudan. But it is too soon to tell how political developments related to a late October coup will affect Sudan’s request for debt relief and potential IMF disbursements in 2022, Rice said. (Reporting by David Lawder and Rodrigo Campos; Editing by Chizu Nomiyama)

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