World Bank Reaffirms Commitment to Support Ethiopia’s Development Efforts.

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Addis Ababa: 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.

According to Ethiopian News Agency, the Managing Director reaffirmed the World Bank’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 World Bank’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 the 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 these topics during the Managing Director’s upcoming visit to Ethiopia in January 2025.