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Ethiopia
Addis tries to placate IMF over fuel scandal

Reading time 4 minutes

Trucks queue for petrol in Addis Ababa on 27 March 2026.
Trucks queue for petrol in Addis Ababa on 27 March 2026. © Marco Simoncelli / AFP

Ilicit sales implicating several officials have led to a number of arrests, just as the Iran war is severely straining national reserves. The International Monetary Fund provides support to Ethiopia in the form of a $3.4bn extended credit facility.

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