Photo Gallery | 154614 Views | May 06,2019
Feb 19 , 2020
Ahmed Shide
The level of debt stress has seen an improvement from high risk to moderate due to loan rescheduling, according to officials at the Ministry of Finance. The debt to GDP ratio has seen a drop by 11 percentage points to 45pc, in January this year. The Chinese government has agreed to reschedule loan repayments and change commercial loans into concessional loans, according to Haji Ibsa, communications director at the Ministry. China has doubled the repayment period of the railway loan along with its grace period to 20 years and 10 years respectively. Ethiopia has 39.1 billion dollars of outstanding debt, out of which 16.8 billion dollars in foreign debt and has secured 54.5 billion Br in the form of loans and grants during the first half of the fiscal year, almost the same as last year.
Photo Gallery | 154614 Views | May 06,2019
Photo Gallery | 144871 Views | Apr 26,2019
My Opinion | 135038 Views | Aug 14,2021
Photo Gallery | 133262 Views | Oct 06,2021
Sep 13 , 2025
At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the f...
Sep 6 , 2025
The dawn of a new year is more than a simple turning of the calendar. It is a moment...
Aug 30 , 2025
For Germans, Otto von Bismarck is first remembered as the architect of a unified nati...
Aug 23 , 2025
Banks have a new obsession. After decades chasing deposits and, more recently, digita...
Loading your updates...