Ethiopia's Ministry of Finance launched a Macroeconomic and Structural Reform Report that reviews 18 months of performance under the second phase of the Home-Grown Economic Reform programme and outlines reported gains in growth and macroeconomic stabilisation. The report points to broad-based growth averaging 7.5% per year over the past eight years and cites early financial year 2024/25 indicators showing improved foreign exchange reserves and declining inflation. Supporting commentary at the launch highlighted the creation of a high-level macroeconomic coordination platform backed by a technical team spanning key economic institutions, think tanks and international partners, aimed at continuous monitoring and coordinated policy responses. The report also recaps major reform steps including the transition to a market-determined exchange rate initiated in July 2024, a shift to an interest-rate-based monetary policy framework, and the cessation of direct National Bank of Ethiopia advances to the budget, alongside tax administration reforms such as digitalisation, e-filing and risk-based audits. A macroeconomic data exchange system is being established to enable real-time sharing of indicators and improve consistency across public institutions. The Ministry of Finance indicated it intends to make publication of similar analytical outputs a regular exercise.

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