Ethiopia Continues Talks with IMF on Debt Restructuring
By
Sofia de la Cruz
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Ethiopia and the International Monetary Fund (IMF) are set to continue discussions later this month regarding a bailout program aimed at restructuring the country's debts. The IMF staff's recent two-week visit to Ethiopia has made substantial progress in determining how the IMF could support the authorities' economic program. Mission Chief Alvaro Piris stated that talks will persist during the IMF Spring Meetings in Washington, which commence on April 15. This ongoing dialogue highlights the efforts towards finding solutions for Ethiopia's economic challenges and debt management.