Ethiopia sees bondholder losses as unavoidable, hopes for fresh talks at IMF meeting By Reuters

By Karin Strohecker LONDON (Reuters) – Ethiopia’s bondholders will have to take a writedown as part of the country’s debt restructuring, State Finance Minister Eyob Tekalign told Reuters, adding he still hoped the debt rework could be completed by year-end. Ethiopia became Africa’s third country to default in as many years in December 2023, but progress on restructuring its international…