The International Monetary Fund (IMF) and World Bank have warned that Ethiopia’s debt levels are unsustainable, citing falling foreign exchange reserves and weak export performance. The warning comes ...
A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from October 30 – ...
Ethiopia expects $261 million in new IMF disbursements under its Extended Credit Facility (ECF). The IMF says the reform program delivers favourable macroeconomic results, including faster growth and ...
NAIROBI (Reuters) -Ethiopia said on Tuesday that debt restructuring negotiations with its bondholders had failed for the time being due to differences over the key terms that have kept the country in ...
Talks between Ethiopia’s government and holders of a $1 billion defaulted bond collapsed after both sides agreed to terminate the discussions without an agreement. The Ethiopia Ad Hoc Bondholder ...
A group of international creditors began restricted talks with Ethiopia, as the two sides work to restructure a $1 billion defaulted bond, according to people familiar with the matter. A group of ...
Restricted talks period ends without a restructuring deal Ethiopia hopes for talks resumption, bondholders disappointed Bond slides by more than a cent after the news Critics says Common Framework is ...
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