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IMF says Ethiopia’s G20 debt restructuring is in its final stages

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  • Ethiopia’s GDP growth outpaces IMF projections amid sweeping reforms
  • Debt restructuring under the G20 framework nears completion

Addis Ababa, Ethiopia - Ethiopia’s ambitious economic overhaul is paying off faster than expected, with GDP growth surpassing initial forecasts and reforms drawing praise from the International Monetary Fund. Managing Director Kristalina Georgieva hailed the country’s progress, calling Ethiopia’s transformation “historic and comprehensive” as it moves to stabilise its economy and restructure billions in external debt . . .

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