By: Estifanos Mulu

For Ethiopia, its extensive economic complications reflect dire issues on both the international and domestic front, particularly her engagement with the International Monetary Fund (IMF). The fund is the foremost authority in providing an Extended Credit Facility of 3.4 billion dollars, which puts them in a position to control the nation’s macroeconomic policies. The IMF is inflations’, debt distress, and foreign exchange shortages of Ethiopia’s economy. The measures put in place further claim to tackle an economy damaged by conflict, impacts of climate, and privatization alongside an impending inflation rate of over twenty percent in the year 2025. People of Ethiopia are left wondering as to whether this situation will lead the nation into an IMF prison, which is reliant on if the external factors become vastly conditional.

Ethiopia faces the problem of their politics becoming laden with economic issues, which not only undergo management by the Director Kristalina Georgieva, but alongside other officials. Her latest trip places greater momentum on the government’s reinforcing strategies, where she is seen positively framing the country’s Home Grown Economic Reform Program as something that provides a major shift for transformational change. On the flip side, this poses new issues surrounding that of political dependency. For cases like Ethiopia’s transitory justice, the reality is more complex than simply consisting of paradoxes, evident by their attempting to embroil institutions responsible for past abuses in leading the compensatory framework.