By Nizar Manek, October 15 2019
(Bloomberg)—
Ethiopia’s central bank is confident the country will receive a further $1 billion from the World Bank over the next fiscal year after the government of Prime Minister Abiy Ahmed announced a new, three-year economic program.
The Washington-based lender in October last year approved $1.2 billion for the government’s agenda to liberalize one of the world’s fastest-growing economies and attract more foreign capital. In September, the government unveiled its latest plan, known as Homegrown Economic Reform.
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https://www.bloomberg.com/news/articles/2019-10-15/ethiopia-confident-of-1-billion-from-world-bank-for-new-program