An Ethiopian high-level delegation led by Finance Minister Ahmed Shide has held a productive discussion with Amit Dar, Acting Vice President for Eastern and Southern Africa at the World Bank, regarding Ethiopia's macroeconomic reform program and future cooperation issues during the International Monetary Fund (IMF) and World Bank meetings.
Finance Minister Ahmed Shide provided an explanation to the Vice President concerning the ongoing macroeconomic reforms in Ethiopia and the successes achieved so far.
The minister was also briefed on the progress made through poverty-reduction reforms in the country.
In this context, he highlighted that Ethiopia's growth strategy focuses on key areas such as macro-financial recovery, foreign direct investment, energy security, regional trade and integration, establishing a financial system, human resource development, and other priority sectors.
On his part, World Bank Vice President for Eastern and Southern Africa, Amit Dar, praised Ethiopia's homegrown reforms aimed at modernizing the economy, controlling inflation, stimulating the private sector, and increasing productivity.
He affirmed that the World Bank will continue to strengthen its support for Ethiopia's journey towards realizing inclusive and sustainable growth. This journey, he noted, involves enhancing government investment, implementing policy reforms, revitalizing the private sector, and working towards the benefit of all citizens.