Press Release No. 15/286 - June 19, 2015
An International Monetary Fund (IMF) team led by Andrea Richter Hume visited Addis Ababa from June 3-17 to conduct discussions for the 2015 Article IV Consultation with Ethiopia.
At the conclusion of the mission, Ms. Richter Hume issued the following statement:
“Ethiopia’s state-led development model has delivered rapid and broad-based growth over many years. It has also reduced poverty significantly, while keeping inequality low. The outlook for Ethiopia remains highly favorable, reflecting its significant economic potential and productivity-enhancing investments and reforms. Ethiopia’s growth has so far been driven in large part by public investment. To sustain rapid and inclusive growth over the coming years, the private sector will need to play an increasing role as a driver of growth.