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Ethiopia’s Finance Minister Urges Streamlined Debt Restructuring at Global Roundtable

Oct 17, 2025

Ethiopia's Minister of Finance, Ahmed Shide, participated in the high-level Global Sovereign Debt Roundtable (GSDR) during the 2025 World Bank-IMF Annual Meetings, offering insights on enhancing the international debt treatment process.

Co-chaired by the heads of the IMF, the World Bank, and the G20 co-chair (South Africa), the GSDR reviewed progress under the G20 Common Framework for Debt Treatments.

The minister commended the international architecture for facilitating Ethiopia's successful negotiations under the Common Framework, which led to an agreement-in-principle (AIP) with its official creditor committee in March and a finalized Memorandum of Understanding (MoU) in July 2025. He cited the successes of Zambia, Ghana, and Ethiopia as evidence of the Framework's value, despite the extended timelines involved.

However, the minister also stressed the need for greater efficiency. He recommended creating a more streamlined and timely pathway to transition from the signing of an AIP to the finalization of MoUs and subsequent bilateral agreements with creditors, aiming to prevent unnecessary delays in the process.

Ethiopia is currently engaged in ongoing bilateral negotiations with individual creditor countries and Eurobond holders following the milestone agreement reached earlier this year.