This paper assesses Ethiopia’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth …. Performance under the first annual PRGF-supported program was satisfactory in the context of Ethiopia’s steady progress toward … exception of the adjusted performance criterion on the net domestic assets of the National Bank of Ethiopia, for which the …

Ethiopia showed commendable performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive … Commercial Bank of Ethiopia, and stressed the need to strengthen the organizational structure and finances of the National Bank … of Ethiopia. They agreed that Ethiopia has successfully completed the fifth review under the PRGF program, and approved …