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Ethiopia nears debt restructuring deal with creditors, aiming to manage its $28.9 billion debt.
Ethiopia is close to finalizing its debt restructuring talks with creditors, aiming to manage its $28.9 billion debt, mostly owed to the IMF, World Bank, and African Development Bank.
The country secured a $3.4 billion IMF agreement in July after defaulting on a $1 billion Eurobond.
Finance Minister Ahmed Shide and IMF head Kristalina Georgieva are optimistic about reaching a resolution soon.
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Etiopía se acerca a un acuerdo de reestructuración de la deuda con los acreedores, con el objetivo de gestionar su deuda de 28.900 millones de dólares.