Ethiopia's official creditors expect to finalise within months a draft debt restructuring that gives the government more time ...

Ethiopia’s financial recovery hinges on creditors accepting an 18% loss on defaulted Eurobonds. Bondholders are, however, ...

Debt restructuring is a critical component of financial management that can significantly influence the success and sustainability of both individuals and organizations. In an increasingly complex ...

The engagement marks a crucial step in enhancing transparency, coordination, and financial sustainability as Ethiopia advances its debt restructuring process. AllAfrica publishes around 500 ...

such as Ethiopia and Ghana. "It would, number one, compel private creditors to negotiate in good faith, and quickly, with the debt-distressed countries," Charalambous told Reuters regarding the bill.

"We reduce the stock of debt through an extension of maturities and also reducing specifically the payments during the IMF programme period," said William Roos, co-chair of Ethiopia's OCC.

Under the deal, Ethiopia will get around $2.5 billion in debt service relief over the course of its International Monetary Fund programme, which runs out in 2028. "We reduce the stock of debt through ...

“We reduce the stock of debt through an extension of maturities and also reducing specifically the payments during the IMF programme period,” said William Roos, co-chair of Ethiopia’s OC ...