Ethiopia reached a staff-level agreement with the International Monetary Fund regarding the fifth review of its support program, which will result in the disbursement of $468 million once approved by the IMF executive board, Addis Standard reported on June 3. The IMF recommended that Ethiopia maintain a tight monetary stance amid disruptions to global energy markets, enhance the transparency of its foreign exchange market, expand domestic revenue mobilization efforts and improve the business climate to support private sector-led growth.

In July 2024, Ethiopia secured a $3.4 billion IMF package centered on supporting Ethiopia in addressing its balance of payments deficit and restructuring its debt. The approval of the fifth tranche would bring total IMF support under the program to $2.65 billion. The IMF forecasts Ethiopia's economy will grow by 9.3% in 2026.