IMF, World Bank Flag Ethiopia Debt

Published: 25 Sep, 2025 08:00 Sources: S1 S2 S3 Category: Business Language: English Country: Ethiopia

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The IMF and World Bank declared Ethiopia’s debt unsustainable after repeated Eurobond defaults and weak exports. Their joint Debt Sustainability Analysis said missed payments in 2023 and 2024, falling reserves, and clustered obligations have worsened repayment risks. The report projects a $10.8 billion financing gap through 2028, to be covered by IMF and World Bank loans, private creditor relief, and urgent fiscal reforms.