Thursday, November 5, 2026

Major State-Owned Enterprises briefed on Ethiopia’s ongoing Debt Restructuring Efforts

The Ministry of Finance has officially briefed major State-Owned Enterprises (SOEs) on the country’s ongoing debt restructuring efforts following the recent agreement reached with the Official Creditor Committee (OCC).

The State Minister of Finance, Eyob Tekalegn, advised the major State-Owned Enterprises to commence preparations for the upcoming Memorandum of Understanding negotiations, ensuring alignment with Ethiopia’s broader economic reform agenda.

The engagement marks a crucial step in enhancing transparency, coordination, and financial sustainability as Ethiopia advances its debt restructuring process.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

African Union dteps up Diplomacy to ease Ethiopia-Eritrea tensions

The African Union (AU) has renewed its diplomatic efforts...

EHRC reports 48 deaths in armed attack in Southeast Oromia

The Ethiopian Human Rights Commission (EHRC) has confirmed that...

PetroChina eyes South Sudan–Ethiopia–Djibouti oil corridor

PetroChina International is exploring opportunities to develop a regional...

Ethiopia, DHL sign deal to boost coffee export capacity

The Ethiopian Coffee and Tea Authority (ECTA) and DHL...

Policy rate held at 16 percent as inflation remains in double digits

The National Bank of Ethiopia (NBE) has kept its...

Across continents, toward a shared future:

Zhejiang’s Jinhua steps up efforts to become a leading...
spot_img

Related Articles

Popular Categories

spot_imgspot_img