KEMMCOM Media and Communications

Ethiopia finalises banking liberalisation rules as foreign currency challenges mount

By: John Everington
Published On: November 27, 2023

Ethiopia reached an agreement with bilateral creditors on an interim debt-service suspension in mid-November, and has indicated it will begin talks on the restructuring of a $1bn eurobond that matures in 2024. But what impact will this have on the Ethiopian economy in the immediate future?