Ethiopia Expects to Sign Deal With Official Creditors by June

May 12, 2025, 1:51 PM UTC

A draft memorandum of understanding on rescheduling of $8.4 billion under the G20 Common Framework is currently under review by both parties, State Minister for Finance Eyob Tekalign says in an interview.

  • Once signed, the MoU will be implemented through bilateral agreements with each member of the official creditor committee, Eyob says
  • NOTE: March 21, Ethiopia, Creditors Agree on $8.4 Billion Debt Restructuring

To contact the reporter on this story:
Fasika Tadesse in Addis Ababa at ftadesse@bloomberg.net

To contact the editors responsible for this story:
Helen Nyambura at hnyambura@bloomberg.net

Ana Monteiro

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