World Bank Reaffirms Commitment to Support Ethiopia’s Development Efforts


Finance Minister Ahmed Shide held productive discussions with the World Bank’s Managing Director for Operations Anna Bjerde.

On the occasion, the Minister acknowledged the World Bank’s critical analytical and financial contribution towards Ethiopia’s ambitious homegrown reform agenda, including on fiscal, financial and monetary policies as well as social safety net interventions, as part of the pro poor reform measures.

The Managing Director for her part reaffirmed the WB’s commitment to support Ethiopia’s efforts to establish a foundation for an inclusive economic recovery and transformation, aimed at benefiting all citizens of Ethiopia.

She highlighted the WB’s continued commitment and readiness to support Ethiopia’s universal access to energy ambition and its national program in the human development sector, including on quality of Education, and private sector development, in view of the current favorable environment for private investments.

The two sides agreed to expand the discussion further on th
ese topics during the MD’s upcoming visit to Ethiopia in January 2025.

Source: Ethiopian News Agency