ADDIS ABABA (Reuters) – Ethiopia’s $3.4 billion financing deal with International Monetary Fund paves the way for the country to complete its long-delayed debt restructuring in the next 3-6 months, one its top officials has told Reuters. The “debt restructuring should be finalised before the next IMF programme review,” State Minister of Finance, Eyob Tekalign, […]
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Ethiopia’s IMF deal paves way for debt restructuring, state minister says
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ADDIS ABABA (Reuters) – Ethiopia’s $3.4 billion financing deal with International Monetary Fund paves the way for the country to complete its long-delayed debt restructuring in the next 3-6 months, one its top officials has told Reuters.
The “debt restructuring should be finalised before the next IMF programme review,” State Minister of Finance, Eyob Tekalign, said.
(Reporting by Dawit Endeshaw; Writing by Duncan Miriri; Editing by Marc Jones)