Friday, August 31, 2018

Ethiopia Attracts World Bank Budgetary Support

Quartz Africa published on 28 August 2018 an article titled "Abiy Ahmed's Reforms Are Emboldening Donors to Return to Ethiopia" by Abdi Latif Dahir.

The article comments that the World Bank is ready to provide Ethiopia $1 billion in direct budgetary support, the first time since 2005 when donors suspended budgetary support after disputed elections. While this is an important step, the article makes no reference to other new aid from donor countries. In fact, significant donor support for Ethiopia has continued since 2005.

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