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
- Nile tensions resurface as Egypt slams Ethiopia’s dam completion
- Kenya-Ethiopia begin technical assessment of cross-border bridge projects
- Ethiopian PM Abiy Ahmed pushes for sea access, avoids war - for now
- PM Abiy calls for unity amid Egypt, Sudan tensions as Ethiopia completes grand dam construction
- Ethiopia begins supplying electricity to Tanzania through Kenya’s transmission network
- Ethiopia's Red Sea gambit: Why Somaliland remains prime option
"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