Ethiopia Bondholders Criticise IMF for ‘Poorly’ Handled Debt Rework

Ethiopia's creditors have criticized the International Monetary Fund's management of the nation's debt-restructuring process, stating that discussions over the past two years have not been handled effectively. The creditors did not specify what aspects of the process they found inadequate. The IMF has been working with Ethiopia on restructuring its debt obligations. Ethiopia has been seeking assistance in managing its external debt burden.

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