Ethiopia Eyes $3.5b Debt Relief As Restructuring Talks Advance, Hints At Repayments Resumption in 2026

Ethiopia 'formalises debt rework' with official creditors

Ethiopia said on Wednesday it had agreed a memorandum of understanding with its official creditor committee that formalises an initial debt restructuring deal reached earlier this year.

Ethiopia Agrees Debt Restructuring Deal With Official Creditors

Ethiopia agreed a memorandum of understanding to restructure its loans with official creditors, formalizing a debt treatment plan offering relief for more than $3.5 billion.

Debt relief scheme to be expanded

The cabinet has approved expansion of debtor eligibility for the "You Fight, We Help" debt relief programme.

Ethiopia Eyes $3.5b Debt Relief As Restructuring Talks Advance, Hints At Repayments Resumption in 2026

Addis Abeba -- Ethiopia is advancing debt restructuring negotiations with creditor countries in an effort to secure $3.5 billion in debt relief, Minister of Finance Ahmed Shide told lawmakers on Tuesday.

Ethiopia Secures Major Debt Relief Deal Under G20 Common Framework - Capital Newspaper

Ethiopia has reached a major breakthrough in its long-awaited debt restructuring process under the G20 Common Framework, signing a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC). The agreement, announced by the Ministry of Finance, formalizes a debt treatment plan agreed in principle earlier this year, providing Ethiopia with over USD 3.5 billion in relief. This landmark deal marks a critical step toward restoring E…

Ethiopia secures IMF funds as debt restructuring talks progress

The International Monetary Fund has approved the third review of Ethiopia’s $3.4 billion loan programme, releasing $262.3 million in fresh funds. The decision comes as Ethiopia pushes forward with debt restructuring talks under the G20 Common Framework, having defaulted in December 2023. Ethiopia and the IMF reached a staff-level agreement on May 30, citing strong progress in economic reforms, reduced inflation, and resilient growth. The IMF pra…