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Addis Secures Debt Restructuring Deal to Ease Financial Burden

Ethiopia has reached an agreement with its official creditors to restructure $8.4 billion in international debt, marking a major step in its economic recovery efforts. The deal, negotiated under the G20 Common Framework and backed by the International Monetary Fund, will reduce debt service payments by $2.5 billion through 2028. According to Ethiopia’s finance ministry,… Read More »Addis Secures Debt Restructuring Deal to Ease Financial Burden The post Addis Secures Debt Restructuring Deal to Ease Financial Burden first appeared on iAfrica.


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