The International Monetary Fund (IMF) Executive Board has just completed the third review under the Extended Credit Facility (ECF) arrangement for Ethiopia. The IMF says Ethiopian authorities have made significant progress in implementing fundamental macroeconomic reforms under the ECF, approved in July 2024. Meanwhile, the East African country has also concluded an agreement on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), formalising the debt treatment agreed in principle in March 2025, offering a relief of over USD 3.5 billion. Thabiso Lehoko spoke to Mered Fikireyohannes, Founder & CEO of Pragma Investment Advisory.