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Ethiopia seals landmark debt restructuring and €81.5mn French support

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
  • First OCC bilateral deal under G20 Framework
  • France provides €81.5mn fresh support

 

ADDIS ABABA, ETHIOPIA – Ethiopia and France signed a landmark debt restructuring and financing package on Tuesday, marking a pivotal step in Addis Ababa’s economic reform drive.

The agreements combine historic bilateral debt treatment with €81.5 million in fresh financial support, deepening ties as Ethiopia presses ahead with sweeping reforms under its Homegrown Economic Reform (HGER 2.0) programme.

  • First OCC bilateral deal under G20 Framework
  • France provides €81.5mn fresh support

 

ADDIS ABABA, ETHIOPIAEthiopia and France signed a landmark debt restructuring and financing package on Tuesday, marking a pivotal step in Addis Ababa’s economic reform drive.

The agreements combine historic bilateral debt treatment with €81.5 million in . . .

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