{"id":472664,"date":"2021-07-07T10:26:50","date_gmt":"2021-07-07T10:26:50","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=472664"},"modified":"2021-07-07T10:26:50","modified_gmt":"2021-07-07T10:26:50","slug":"imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/07\/07\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\/","title":{"rendered":"IMF calls for rapid establishment of Ethiopia creditors&#8217; committee"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The International Monetary Fund (IMF) on Tuesday, July 6 called for the &#8220;rapid&#8221; establishment of a creditors&#8217; committee for Ethiopia, which has begun a process of restructuring its debt.<\/p>\n<p>&#8220;The IMF strongly encourages the early formation of the Ethiopia Creditors Committee to enable timely debt relief,&#8221; said Gerry Rice, spokesperson for the Fund in a statement posted on the organization&#8217;s website. global.<\/p>\n<p>\u201cEthiopia asked G20 and Paris Club creditors in February to benefit from a debt transaction under the G20 Common Framework. The authorities&#8217; goal is to create fiscal space for development spending and mitigate the risk of debt distress by reshaping debt service obligations. The formation of the committee will help Ethiopia in this regard, \u201dhe adds.<\/p>\n<p>At the end of 2019, Ethiopia&#8217;s public external debt stood at $ 27.8 billion, of which $ 8.5 billion was with bilateral debt and $ 6.8 billion with commercial creditors according to the World Bank.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) on Tuesday, July 6 called for the &#8220;rapid&#8221; establishment of a creditors&#8217; committee for Ethiopia, which has begun a process of restructuring its debt. &#8220;The IMF strongly encourages the early formation of the Ethiopia Creditors Committee to enable timely debt relief,&#8221; said Gerry Rice, spokesperson for the Fund in a<\/p>\n","protected":false},"author":536282,"featured_media":472665,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,12040,12046],"tags":[18900,19331,12100,19330],"class_list":{"0":"post-472664","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-finance-en","8":"category-international-institutions","9":"category-leaders-en","10":"tag-committee","11":"tag-ethiopia-creditors","12":"tag-imf-en","13":"tag-rapid-establishment","14":"post_format-post-format-aside","15":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF calls for rapid establishment of Ethiopia creditors&#039; committee - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/07\/07\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF calls for rapid establishment of Ethiopia creditors&#039; committee\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/07\/07\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-07T10:26:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/07\/Ethiopie.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"358\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"IMF calls for rapid establishment of Ethiopia creditors&#8217; committee\",\"datePublished\":\"2021-07-07T10:26:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/\"},\"wordCount\":156,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/Ethiopie.jpg\",\"keywords\":[\"Committee\",\"Ethiopia creditors\",\"IMF\",\"rapid establishment\"],\"articleSection\":[\"Finance\",\"International Institutions\",\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/\",\"name\":\"IMF calls for rapid establishment of Ethiopia creditors' committee - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/07\\\/imf-calls-for-rapid-establishment-of-ethiopia-creditors-committee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/Ethiopie.jpg\",\"datePublished\":\"2021-07-07T10:26:50+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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