Ethiopia's IMF Program: Insights from the fourth review

As reported by Investment & Finance Agency

Summary

• Analysis of Ethiopia's progress under the IMF Extended Credit Facility ahead of the Board's fourth review completion in January 2026.
• The flexible exchange rate regime has largely eliminated the parallel market premium, with official and market rates closely aligned. Goods exports have more than doubled since the program began.
• BirrValue review: For FX users and remittance senders, the narrowed premium means official channels are more competitive. Compare bank rates on BirrValue—the reform environment supports predictable rate movements compared to the volatile post-flotation period.