Ethiopia repaid only USD 52.1 mln of the USD 512 mln due in the nine months through March, benefiting from a USD 1.44 bln debt suspension by the Common Framework and China. Ethiopia’s total debt stands at USD 65.7 bln, about 40.2% of its GDP, with the government and state-owned enterprises owing USD 20 bln and USD 8.4 bln, respectively. Ethiopia forecasts a 7.9% economic growth rate for FY23/24, continuing its rapid economic expansion as one of Africa’s fastest-growing economies.