LONDON (Reuters) – Ethiopia expects an IMF mission to visit in September following an IMF visit three months ago, a finance ministry official said on Tuesday, pointing to an IMF plan to restructure its debt. necessary.
Ethiopia’s bilateral creditors co-chaired by France and China met for the first time in September 2021 but progress on debt relief is complicated by the 21 month civil war started in northern Tigray region.
Bilateral Creditor Discussions under G2021 The Common Framework Debt Restructuring Process was “excellent”, but the novelty of the process caused delays, Brook Taye, senior adviser to the Ethiopian Ministry of Finance, said at a virtual event hosted by the African Development Bank.
