National Bank and IMF reinforce partnership to advance monetary and capital market reforms

Addis Ababa, October 20, 2025 (FMC) – Ethiopia’s National Bank and the International Monetary Fund (IMF) have strengthened their partnership to accelerate monetary and capital market reforms, aiming to enhance financial stability, inclusion, and integration with the global financial system.

Governor Eyob Tekalign of the National Bank of Ethiopia met with the IMF’s Monetary and Capital Markets Department (MCM) on the sidelines of the IMF–World Bank Annual Meetings to discuss deepening technical collaboration in key areas of financial policy and infrastructure.

During the meeting, Governor Eyob highlighted Ethiopia’s progress under the Homegrown Economic Reform agenda and outlined the central bank’s priorities to build resilient financial institutions, promote financial inclusion, and modernize financial infrastructure.

He emphasized the vital role of partnerships with international institutions like the IMF in supporting the country’s economic transformation and policy implementation.

The discussions also covered ongoing technical assistance initiatives, including market data analysis, capital market development, and strengthening the foreign exchange regime.

Both parties reaffirmed their commitment to continued collaboration through targeted technical assistance, capacity building, and knowledge sharing to advance Ethiopia’s monetary and capital market reforms and reinforce the resilience of the financial sector.