ADDIS ABABA, May 11 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Monday commended Ethiopia's economic progress despite global challenges.
Georgieva, who is currently visiting the East African country, on Monday met with the country's Prime Minister Abiy Ahmed, exchanging views on economic progress, partnership, and shared priorities, Abiy said in a social media post.
The IMF chief commended Ethiopia for making strong progress in its ambitious economic reform efforts despite ongoing global economic pressures, including the impact of the Middle East conflict.
"At a difficult time, Ethiopia is making impressive progress on an ambitious economic reform program," Georgieva said on X, formerly Twitter.
She stressed that the East African country is "coming into this shock in a position of increased strength thanks to its ongoing reforms." Georgieva further reaffirmed the IMF's "strong support" for the country's reform efforts, and overall commitment to Ethiopia and the region.
In an interview with the state-run Ethiopian Press Agency, Georgieva said Ethiopia recorded robust economic growth over the past year, while export earnings and domestic revenues exceeded expectations, adding that these achievements reflect the government's determination to implement bold reforms despite a difficult global environment. ■