NAIROBI, April 7 (Reuters) - The International Monetary
Fund and Ethiopia made progress in talks on the fund's support
for the country's economic reform programme and discussions will
continue in Washington next week, the fund said on Friday.
Officials from the IMF have been in Ethiopia since late
March, when a fund spokesperson said they were doing technical
work to prepare for a potential IMF-supported programme.
"We made progress in discussing the scope for IMF support
for this reform programme," Alvaro Piris, who led the IMF
mission visit, said in a statement.
"Discussions will continue in Washington, DC, next week, in
the context of the IMF-World Bank Spring Meetings, and in coming
weeks."
In late March, the IMF said it welcomed the progress
Ethiopia had made in restoring lasting peace and stability
following an agreement in November to cease hostilities,
including by the restoration of humanitarian assistance and
basic services to the northern Tigray region.
Progress on the IMF programme and Ethiopia's request for
debt relief under the Group of 20 Common Framework was stalled
in part because of the two-year conflict in Tigray, which killed
tens of thousands of people.
(Reporting by George Obulutsa;
Editing by Anait Miridzhanian and Barbara Lewis)
george.obulutsa.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.