Thursday, August 8, 2024

Criticism of Ethiopia's Agreement with the IMF

 Ethiopia Insight published on 8 August 2024 a commentary titled "The Addis-Washington Consensus and Its Democratic Deficit" by Fassil Hailu, a pen name for a columnist with Ethiopia Insight.

The $3.4 billion International Monetary Fund agreement with Ethiopia requires a number of economic reforms.  The author believes that the Ethiopian government is captive to the IMF for the entire duration of the reform package and that the Fund enjoys undue influence.