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IMF agrees to release $251M to Ethiopia, contingent on economic reforms progress.
The IMF has reached an agreement with Ethiopia on the second review of a $3.4 billion credit facility.
This agreement, pending approval by the IMF's Executive Board, would grant Ethiopia access to about $251 million.
Ethiopia's progress in economic reforms, particularly in transitioning to a market-determined exchange rate, has been noted, with improvements seen in foreign exchange shortages and market stability.
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El FMI acepta entregar $251 millones a Etiopía, dependiendo del progreso de las reformas económicas.