Ethiopia defers Eurobond payment to next fiscal year

Posted 5 hours ago by

Capital Ethiopia

The Ethiopian government has officially announced the deferral of its Eurobond debt payment obligations to the next fiscal year. This decision is framed as a core component of a broad macroeconomic reform aimed at shifting the country’s debt distress rating from “High Risk” to “Moderate Risk.” According to the Ministry of Finance (MoF) , although []