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The government hopes to benefit from the flattening of the COVID-19 pandemic and a relative calm in the Tigray conflict to push ahead with its flagship privatisation programme…
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DOI: 10.1108/OXAN-DB267978
ISSN: 2633-304X
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Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…
Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.
Both are desperately needed, as G20 debt service relief will soon expire, and as the conflict in northern Ethiopia increasingly strains the economy and the government’s finances.