Sources exclusively revealed to Reuters that Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program. While the IMF is still evaluating the country’s debt sustainability, an initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026.
Economy
Ethiopia seeking $2 billion under IMF program
13 April 2023, 4:32 pm 1 minute
Market Impact
An initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026.
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: Africa
Countries: Ethiopia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
