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News Aug. 21, 2026

Ethiopia announces favourable Comparability of Treatment assessment of Official Creditor Committee regarding agreed terms of Eurobond restructuring

Addis Ababa – 20 August 2026. The Ministry of Finance (“MoF”) of the Federal Democratic Republic of Ethiopia (“Ethiopia”) announces that, following the agreement in principle (“AIP”) on restructuring terms reached on 29 June 2026 with a group of holders (the “Ad Hoc Committee”)

Ethiopia reaches agreement in principle with Ad Hoc Committee of bondholders on principal financial terms of restructuring of 2024 Notes

Addis Ababa – 29 June 2026. The Ministry of Finance (“MoF”) of the Federal Democratic Republic of Ethiopia (“Ethiopia”) announces today that between 5 June and 28 June 2026 (the “Restricted Period”), it held restricted discussions with a group of holders (the “Ad HocCommittee”, and together with Ethiopia, the “Parties”) of its US$ 1 billion 6.625% Notes due 2024 (ISIN US29766LAA44) (the “2024 Notes”) to discuss the potential restructuring of the 2024 Notes

IMF Reaches Staff Level Agreement on the Fifth Review of the Extended Credit Facility for Ethiopia

IMF staff and the Ethiopian authorities have reached staff-level agreement on economic policies to conclude the fifth review of the four-year US$3.4 billion ECF arrangement. Once approved, Ethiopia will gain access to about US$468 million.

Message of the Minister

H.E Ato Ahmed Shide

Minister of Ministry of Finance

The Ministry of Finance has a long tradition of supporting economic growth in Ethiopia.

However, despite the high economic growth that was realized over the past decade, Ethiopia’s economy has encountered several challenges that make it difficult for growth to sustain.

This has led us to examine the quality of this growth, evaluate whether these economic gains are based on solid foundations and see how they are being distributed.

In Focus

A Homegrown Economic Reform Agenda

Ethiopia’s Homegrown Economic Reform Agenda is a well-coordinated response and blueprint to propel the country’s economic progress. This agenda, crafted through a process of taking stock of our successes; an in-depth review of key bottlenecks and design of adequate remedies, outlines macro-economic, structural, and sectoral reforms that will pave the path for jobs and inclusive growth...

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