Ethiopia to negotiate IMF bailout program for debt restructuring during Spring Meetings.

Ethiopia and the International Monetary Fund (IMF) will continue negotiations later this month regarding a bailout program to help the country restructure its debts. Talks will take place during the IMF Spring Meetings in Washington, starting April 15th. Ethiopia, dealing with high inflation, a hard currency shortage, and growing external debt repayments, aims to secure IMF support for its economic reform program.