Ethiopia's finance minister meets Chinese ambassador

Ethiopia's Finance Minister Ahmed Shide met with Chinese Ambassador Chen Hai in Addis Ababa to discuss bilateral economic cooperation. The talks centered on financing the Bishoftu world-class airport project.

On Megabit 9, 2018 (Fana MC), in Addis Ababa, Finance Minister Ahmed Shide met Chinese Ambassador Chen Hai. The discussion revolved around bilateral economic cooperation, according to the Finance Ministry. It particularly addressed financing for the Bishoftu world-class airport project. Ambassador Chen Hai, along with high-level Ethiopian officials including EGIM Bank representatives, reviewed Ethiopia's debt restructuring under a 20-point plan. Mr. Ahmed Shide expressed gratitude to China for its contributions to Ethiopia's debt restructuring process. China affirmed its ongoing support for Ethiopia's broader development efforts.

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Ethiopia's Finance Minister Ahmed Shide met with Liu Yunfeng, deputy director general of China's International Development Cooperation Agency, in Addis Ababa. The discussion centered on advancing Ethiopia's development priorities through bilateral cooperation. Both nations agreed to expand ties in key sectors including infrastructure and health.

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Ethiopia's Finance Minister Ahmed Shide has met with Ben Black, CEO of the US International Development Finance Corporation (DFC), in Addis Ababa. The meeting, held on the sidelines of the 2026 World Bank and IMF Spring Meetings, aimed to strengthen the strategic partnership between Ethiopia and the DFC. The two sides discussed cooperation in trade, economy, transport, and mining sectors.

Finance Minister Ahmed Shide said international financial institutions must improve their practices to help countries prevent crises. He made the remarks at an ongoing global partnership forum in London.

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Finance Minister Ahmed Shide reported to parliament that the 1.93 trillion birr federal budget is under pressure from delayed external aid. He addressed lawmakers on May 4, 2026, noting that domestic borrowing has risen faster than planned. The session took place without private media present.

 

 

 

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