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Ethiopia’s official creditors expect to finalise within months a draft debt restructuring that gives the government more time to pay but stops short of an outright haircut, the co-chair of the group ...
Debt restructuring is a critical component of financial management that can significantly influence the success and sustainability of both individuals and organizations.In an increasingly complex ...
Ethiopian officials have said they expect to sign a definitive deal with the official creditors by the middle of this year, which will then be implemented through bilateral agreements with each ...
(Bloomberg) -- Ethiopia has reached a deal with its official creditors to restructure $8.4 billion of international debt, a key milestone in the nation’s efforts to overhaul its loans and boost ...
"The situation of Ethiopia is not only an issue about liquidity, there is also a need to reduce the stock of debt." Bondholders have also said there is a lack of transparency around the official ...