Ethiopia Secures Debt Relief from Official Creditors, Continues Debt Restructuring Efforts
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Ethiopia reaches agreement with official bilateral creditors to suspend debt payments like previous China deal.
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Deal aims to give Ethiopia fiscal space until full debt restructuring under G20 framework.
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Ethiopia has over $28 billion in external debt and is negotiating an IMF program.
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Government reaching out to Eurobond holders to discuss restructuring $1 billion bond maturing in 2024.
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Ethiopia awarded first private telecoms license last year but second license tender has not attracted expected interest.