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An International Monetary Fund (IMF) team led by Andrea Richter Hume visited Addis Ababa from June 3-17 to conduct discussions for the 2015 Article IV Consultation with Ethiopia.

An International Monetary Fund (IMF) staff team led by Mr. Julio Escolano visited Addis Ababa from September 10 to 26, 2018 to conduct the 2018 Article IV consultation discussions with Ethiopia.

The International Monetary Fund is to push Ethiopia to increase bank rates to counter real interest rates which are deeply in the negative due to the inflation rates.

Real interest rates are negative noted Jan Mikkelsen, Ethiopian Resident Representative of the IMF. The IMF mission making a visit to Ethiopia on the 4th of June will counsel the government to increase interest rates as a monetary policy option to sustain the growth registered over the last years he said.

Ethiopia's economy is projected to grow 7.5 percent, the International Monetary Fund (IMF) said yesterday at a press briefing on Regional Economic Outlook of sub-Saharan Africa 2013 and macroeconomic developments and policies in Ethiopia.

IMF Resident Representative Jan Mikkelsen said that in recent years, economic growth in Ethiopia has been robust.

Impact International Real Estates, Ethiopia delivered its first group of 50 houses, built on near Lake Tana in Amhara Regional State.

The 50 homes delivered to clients are the first of the 120 home housing project launched by the real estate company in 2006. The company intends to build 400 houses altogether.

The cost of the project is estimated at 450 million birr with construction to be conducted on a 150 thousand meter square plot of land. The design of the project also includes the construction of constructing health facilities, schools, and various entertainment facilities with bungalows, a supermarket and other services.