IMF expects Ethiopia’s foreign exchange reserves to reach 6 billion dollars
The IMF projects Ethiopia’s foreign exchange reserves will reach $6 billion by 2026 due to reforms, gold exports, and external financing.
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Browsing Tag
Ethiopia
Ethiopia reaches preliminary deal with bondholders on $1 billion debt overhaul
Ethiopia reached a preliminary deal to restructure $1 billion in defaulted Eurobonds, exchanging them for new bonds with reduced principal and adjusted terms.
Ethiopia, China sign $600m deal to expand Addis–Djibouti railway freight capacity
Ethiopia and China signed a $600 million deal to expand freight capacity and upgrade the Addis Ababa–Djibouti railway.
Ethiopia and Senegal seek IMF and World Bank support as governments juggle debt, FX shortages and…
Ethiopia and Senegal sought IMF and World Bank aid in July 2024 to address debt issues, FX shortages, and support economic growth plans.