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Ethiopia Signs $1 Billion Financing Deal with World Bank – Ethiopian Monitor

Summary by ethiopianmonitor.com
The government of Ethiopia has signed a 1 billion US dollars financing agreement with the World Bank Group (WBG) to support its economic reforms and boost growth. The deal signed by finance minister Ahmed Shide and World Bank Division Director for Ethiopia Maryam Salim on Friday includes a $650 million grant and a $350 million concessional credit from WBG’s International Development Association (IDA) The signing comes a day after the Bank’s Boar…
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Zawya broke the news in on Friday, July 4, 2025.
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