National Bank: Ethiopia Prioritizes Sustainable Growth Post-Debt Relief

The Governor of the National Bank of Ethiopia, Mamo Mihretu (referenced as Iyoob Tekalign in text context), addressed the IMF and World Bank annual meetings regarding the country's economic strategy. He emphasized that debt relief is merely the initial step toward achieving long-term, sustainable economic growth. The Governor called for a more responsive global financial system to help developing nations manage debt pressures effectively. Furthermore, he highlighted the necessity of creditor coordination and robust national economic reforms to attract new investments. Ethiopia remains committed to building a strong, investment-driven economy.