• 11/25/2024

Ethiopia seeking $2 billion under IMF program

Reuters

Sources exclusively revealed to Reuters that Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program. While the IMF is still evaluating the country’s debt sustainability, an initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026.

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https://www.reutersagency.com/en/reutersbest/article/ethiopia-seeking-2-billion-under-imf-program/