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Home Africa Ethopia: IMF backs Ethiopia’s tax reforms to boost revenue amid economic challenges;...

Ethopia: IMF backs Ethiopia’s tax reforms to boost revenue amid economic challenges; warns inflation could hit 25% after mid-2025

Ethopia: IMF backs Ethiopia’s tax reforms to boost revenue amid economic challenges; warns inflation could hit 25% after mid-2025

Africa Links 24 with Addis Standard2
Published on 2025-01-30 07:32:11

In April 2024, Ahmed Shide, the Minister of Finance, and Mamo Mihretu, the Governor of the National Bank of Ethiopia, held a meeting with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), to discuss the progress of Ethiopia’s homegrown economic reform program (Photo: FBC)

Addis Abeba – Ethiopia is moving ahead with tax reforms aimed at boosting revenue, with new measures to streamline exemptions and close corporate tax loopholes, according to the International Monetary Fund (IMF).

In its latest…

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