IMF, Ethiopia See Conclusion of Debt Restructuring Talks Soon

  • Talks to rearrange some external debt after Ethiopia defaulted
  • IMF lauds nation for rapid reforms agreed in financing program

Downtown Addis Ababa.

Photographer: Amanuel Sileshi/Bloomberg

Ethiopia is nearing the end of debt restructuring talks under the Group of 20’s Common Framework, according to International Monetary Fund Managing Director Kristalina Georgieva.

“We are at the final stretch of debt restructuring and it’s on the top of my priority list in engagement with the creditors of Ethiopia,” the IMF chief said during a visit to the country.