Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the International Monetary Fund early this week and sees formal debt talks with bondholders starting in summer, State Finance Minister Eyob Tekalign told Reuters.
The country, which struck a four-year, $3.4 billion programme IMF deal last July, is in the midst of a far-reaching reform push, including the floatation of its birr currency and a push to get its debt restructuring over the line.
