Search

Ethiopia Cuts Debt-to-GDP Ratio with Ambitious Economic Reforms

Allen dreyfus Logo
© Allen Dreyfus
  • Debt-to-GDP ratio drops to 13.7% after targeted policy measures and economic reforms.
  • Focus shifts to agriculture, manufacturing, tourism, mining, and the digital economy.

Addis, Ababa, Ethiopia – Ethiopia has slashed its debt-to-GDP ratio to 13.7%, a striking turnaround credited to sweeping economic reforms that aim to stabilize the nation’s finances and unlock its growth potential. Once grappling with unsustainable debt levels, the government’s comprehensive policy overhaul has set the stage for a more market-driven and diversified economy.

  • Debt-to-GDP ratio drops to 13.7% after targeted policy measures and economic reforms.
  • Focus shifts to agriculture, manufacturing, tourism, mining, and the digital economy.

Addis, Ababa, Ethiopia - Ethiopia has slashed its debt-to-GDP ratio to 13.7%, a striking turnaround credited to sweeping economic reforms that aim to stabilize the nation’s finances and unlock its growth potential. Once grappling with unsustainable debt levels, the government’s comprehensive policy overhaul has set the stage for a . . .

Recent Business

The streets of Congo. Photo by Lock Larsen Ansalla @ Pixabay
IMF backs DR Congo with $442mn as Eurobond plans take shape
Read More »
Dr. George Elombi, President of Afreximbank and Mr. Tony Elumelu, Chairman, Heirs Energies Limited with the signed agreement. Photo: Afreximbank
Afreximbank seals $750mn financing with Heirs Energies to boost Nigeria’s oil output
Read More »
Food items on sale. Photo by Viki Mohamad @ Unsplash
Morocco inflation turns negative as food prices slide
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights