Landmark financing: World Bank approves $1.5 billion for Ethiopia

This decision comes as Ethiopia strives to advance its long-standing debt restructuring.

The second most populous country in Africa received a $3.4 billion program from the International Monetary Fund on Monday, following the decision to float its birr currency by the central bank, allowing for progress in its debt restructuring.

 

 

 

 

Source: africanews

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Jerry

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