The economic reform programme aims to address macroeconomic imbalances, restore external debt sustainability, and lay the ...

Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to restructure its debt, its finance ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), acknowledged the challenges of Ethiopia's ongoing macroeconomic reforms, describing them as "tough" and noting that ...

Ethiopia is close to finalizing debt restructuring talks under the G20's Common Framework The country defaulted on its $1 billion Eurobond in 2023 and has been negotiating with creditors The IMF ...

In the midst of global economic uncertainty, Ethiopia stands as a shining example of resilience and transformative vision, as highlighted by the commendation of Prime Minister Abiy Ahmed's leadership ...

Ethiopia is close to finalizing negotiations with creditors to restructure its sovereign debt, as confirmed by Finance ...

Ethiopia's economic reforms are "tough" but will bring "tremendous rewards", said International Monetary Fund (IMF) head ...

ADDIS ABABA, Feb. 9 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Ethiopia's "strong progress" in its homegrown economic reform program.

At end-June Ethiopia's external debt stood at $28.9 billion, around half of which it owed to multilateral lenders like the IMF, World Bank and African Development Bank. "It's on the top of my ...