Ethiopia Pursues Broad Debt Relief to Ease Economic Challenges
- Ethiopia seeking debt relief from creditors after getting relief from China and IMF
- Progress complicated by civil war from 2020-2022
- China allowing Ethiopia to suspend debt payments until 2024
- IMF says almost reached loan program agreement with Ethiopia
- Ethiopia wants to move to market-determined exchange rate, seen as ambitious reform by IMF
- Ethiopia regularly suffers from foreign exchange shortages
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