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Feb 14 , 2026.
The value, in dollars, of Ethiopia's already-signed but undisbursed external loans in 2024, a very large pipeline relative to its current external debt stock of about 28.9 billion dollars. Net external resource flows turned negative in 2021/22 and remained only mildly positive in subsequent years, indicating that, in aggregate, the country has been paying back more to external creditors than it has been receiving in new disbursements. For a low-income country at high risk of debt distress, Ethiopia's leaders publicly argue that their country struggles to access external finance, even though, on paper, billions of dollars in approved financing sit idle.
PUBLISHED ON
Feb 14,2026 [ VOL
26 , NO
1346]
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