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Ethiopia finalizes debt restructuring, gaining time on $8.4 billion debt with some relief.
Ethiopia's official creditors are set to finalize a debt restructuring plan, giving the country more time to pay its $8.4 billion debt without reducing the total amount owed.
This plan will provide Ethiopia with about $2.5 billion in debt relief over the next few years as part of its International Monetary Fund program.
The restructuring is part of the G20 Common Framework scheme and aims to help Ethiopia manage its debt without immediate write-offs.
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Etiopía finaliza la reestructuración de la deuda, ganando tiempo con la deuda de 8.400 millones de dólares con algún alivio.