Ethiopia’s central bank maintained its benchmark interest rate at 15% to address inflation. Although inflation has decreased from 28.2% in February 2024 to 15% in February 2025, it remains above the target of single-digit inflation. The central bank will continue to monitor foreign exchange inflows to avoid unintentional easing of monetary conditions. Ethiopia’s economic reforms, including the introduction of a free-floating currency and the opening of the banking sector to foreign investment, helped secure a USD 3.5 bln IMF financing package.