Ethiopia requests $2 billion from IMF
Talks ongoing as debt sustainability assessed, sources say
Ethiopia is in ongoing talks with the International Monetary Fund to borrow at least $2 billion, in an attempt to fill a financing gap of at least $6 billion it faces until 2026.
Two sources close to negotiations told Reuters both parties are still assessing Ethiopia’s debt sustainability after the IMF’s first debt analysis revealed the funding gap. IMF officials visited Addis Ababa from March 27 to April 7.
After the African Union brokered a peace accord in 2022, ending the war that broke
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