Posted inDebt Crisis

Inside Ethiopia’s $3.4 billion crucial loan deal with IMF

Ethiopia is on the brink of finalizing a preliminary agreement with the International Monetary Fund (IMF) regarding its $3.4 billion loan program. This development comes as the country undertakes significant economic reforms, including the recent floating of its currency, the birr, which is expected to facilitate debt restructuring and attract further international support. Key Takeaways […]