Ethiopia has reached an agreement in principle with the key bondholders committee to restructure $1 billion in bond debt. This deal aligns with its program with the International Monetary Fund. The agreement supports sustainable debt management.
On Tahsas 24, 2018 EC in Addis Ababa, Ethiopia's Ministry of Finance concluded discussions held from Ferensay 23, 2025, to Tir 1, 2026, reaching an agreement in principle with the key bondholders committee for restructuring $1 billion in bond debt at a financially viable level.
The agreement is consistent with Ethiopia's debt program under the International Monetary Fund (IMF). It has been assessed by the Official Creditors Committee (OCC) as supporting Ethiopia's sustainable debt restructuring efforts.
The talks also addressed non-financial matters and explored collaborative new approaches to debt relief. The ministry commended the committee and its facilitators for their cooperative and positive engagement. This step advances Ethiopia's financial stability.
