Ethiopia

IMF officials are in Ethiopia to discuss a new support framework as the country approaches the expiration of a debt-service suspension deal. Ethiopia seeks to restructure its public debt under the G20’s Common Framework, facing a USD 11.5 bln estimated financing gap over the next four years. With a total public external debt of USD 27.8 bln as of the end of September, the discussions are crucial for financial stability, especially considering the exclusions typical in Common Framework cases.