French President Macron backs Ethiopia's debt restructuring efforts
Last month, Ethiopia and IMF agreed on the second review of a $3.4 billion financing programme.
French President Emmanuel Macron expressed full support on Saturday for Ethiopia's debt restructuring efforts, emphasising the need for a swift resolution "in the coming weeks".
The backing from Macron, who is visiting Ethiopia after a stop in Djibouti, comes after Ethiopia and the International Monetary Fund reached an agreement last month on the second review of a $3.4 billion financing programme.
More To Read
- Ethiopia expects preliminary deal on IMF review within days, finance minister says
- Ethiopia, Morocco defense cooperation eyes cybersecurity, AI, and defense industries
- Ethio Telecom sells just 10.7pc of shares in IPO limited to Ethiopian citizens
- WFP: Funding shortfall forces halt to malnutrition treatment programmes in Ethiopia
- Over 10 million Ethiopians face hunger as WFP warns of aid cuts amid funding crisis
- AI research group warns social media hate speech risks reigniting Ethiopia-Eritrea war
"Thanks to your commitment to the reform programme you are leading, we aim to complete the restructuring of this 3 billion-euro debt in the next few weeks," Macron said during a joint press conference with Ethiopian Prime Minister Abiy Ahmed.
He added that France fully supports the discussions underway with the IMF, highlighting a key meeting scheduled for mid-January.
Top Stories Today
