Paris Club Extends Ethiopia’s IMF Deal Deadline to June
- Official creditors agreed to a debt service suspension
- Ethiopia to continue IMF talks in Washington this month
Shoppers walk through Shola market in Addis Ababa, Ethiopia.
Photographer: Michele Spatari/BloombergThis article is for subscribers only.
The Paris Club of mostly developed country creditors is said to have extended a deadline for Ethiopia to reach a preliminary bailout deal with the International Monetary Fund by three months to the end of June.
That’s according to a person close to the group, who spoke on the condition of anonymity because they didn’t have permission to discuss the matter publicly.