Finance Minister Ahmed Shide has announced that Ethiopia is successfully advancing its debt restructuring process under the G20 Common Framework, citing the progress as a direct result of robust cooperation with international partners.

Speaking at the Global Sovereign Debt Roundtable on the sidelines of the 2026 World Bank and IMF Spring Meetings, Minister Ahmed emphasized that these achievements reflect the Government’s firm commitment to restoring debt sustainability and ensuring long-term macroeconomic stability.

The Minister utilized the high-level platform to provide a strategic update on Ethiopia’s debt treatment agreements, noting that the country’s proactive engagement with official bilateral and private sector creditors has been instrumental. He underscored that timely and coordinated support remains a critical requirement for the effective implementation of these agreements and for maintaining the current reform momentum.

During the discussions, Ethiopia linked its debt sustainability efforts directly to a broader macroeconomic reform agenda. This strategy focuses on strengthening fiscal discipline, enhancing domestic resource mobilization, and fostering inclusive economic growth. The Government reaffirmed its commitment to prudent debt management, aiming to translate restructuring gains into tangible economic resilience and improved development outcomes.

In his closing remarks, Minister Ahmed called for continued constructive engagement from all global stakeholders and international financial institutions to support Ethiopia’s economic recovery and its role in the global financial dialogue.