Global lender approves $2.9 billion loan for reforms

The International Monetary Fund is set to approve a 2.9 billion dollar loan to Ethiopia to assist in its economic transformation. Ethiopia is currently carrying out economic reforms, which includes opening up some state owned monopolies to foreign investment. CGTN's Coletta Wanjohi reports from Addis Ababa. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica Instagram: https://www.instagram.com/cgtn_africa/ Website: https://africa.cgtn.com/