Ethiopia seeks to restructure debt for over USD 1 billion
Ethiopia adopted the Debt Service Suspension Initiative of the G20 Summit back in February to restructure USD 2.5 billion in debt.
The International Monetary Fund says that Ethiopia’s reforms working; expects the economy to grow
Ethiopia's economy is currently extremely uncertain due to a host of factors including security concerns, natural disasters, and crime and corruption.
Ethiopia’s sovereign bonds devalue after Fitch rating drops
Experts and institutions across Europe and the world expect the DSSI to have negative consequences for Ethiopia's inflation rates and debt management strategies.
Ethiopia seeking more debt relief; experts say might increase market pressures on other poor countries
Ethiopia had been listed as part of the DSSI a few weeks ago and the country now seems set on using that advantage to the fullest.
Ethiopia listed as a beneficiary of G20 Summit initiative
Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower than the country's debt at the same time last year.