Photo Gallery | 189578 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 | 189578 Views | May 06,2019
Photo Gallery | 179275 Views | Apr 26,2019
Photo Gallery | 175874 Views | Oct 06,2021
My Opinion | 141611 Views | Aug 14,2021
Jun 6 , 2026
For a political veteran as controversial as Getachew Reda, last week's national elect...
May 30 , 2026
Tomorrow, millions of Ethiopians are expected to vote in the seventh national electio...
May 23 , 2026
An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting t...
May 16 , 2026
The federal budget tells a troubling story about inflation, debt and reform. The prob...
Loading your updates...