Africa in BusinessAfrica in Business

Bretton Woods institutions sound an alarm over Ethiopia's rising debt burden

View descriptionShare

The World Bank and the International Monetary Fund have sounded the alarm over Ethiopia's rising debt burden, warning that it has reached unsustainable levels. According to the two institutions, the country's repayment capacity has been severely strained by persistent breaches of export-related debt indicators, alongside mounting political, economic, and humanitarian pressures. The report further highlights how short- and medium-term debt service obligations are compounding Ethiopia's financial strain. Channel Africa's Economics Reporter, Innocent Semosa, has the details.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Africa in Business

In-depth financial issues, profiling of African businesses doing well internationally, stocks & mark 
Social links
Recent clips
Browse 3,356 clip(s)