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Ethiopia seeking $2 billion under IMF program

Economy

Sources exclusively revealed to Reuters that Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program. While the IMF is still evaluating the country’s debt sustainability, an initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026.

Market Impact

An initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026. 

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Africa

Countries: Ethiopia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story


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