Macron Backs Ethiopia's Debt Restructuring Efforts
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French President Emmanuel Macron has expressed his full support for Ethiopia's ongoing debt restructuring efforts, emphasizing the need for a swift resolution "in the coming weeks," according to a joint press conference with Ethiopian Prime Minister Abiy Ahmed reported by Reuters.
Macron's statement, made during a visit to Ethiopia following a stop in Djibouti, comes after Ethiopia and the International Monetary Fund (IMF) reached an agreement last month on the second review of a $3.4 billion financing program.
"Thanks to your commitment to the reform programme you are leading, we aim to complete the restructuring of this 3 billion-euro debt in the next few weeks," Macron stated. He added that France fully supports the ongoing discussions with the IMF, highlighting a key meeting scheduled for mid-January.