French President Emmanuel Macron has pledged full support for Ethiopia’s debt restructuring efforts, calling for a swift resolution in the coming weeks. Macron made the statement during a joint press conference with Ethiopian Prime Minister Abiy Ahmed on Saturday in Addis Ababa.
The endorsement follows Ethiopia’s recent agreement with the International Monetary Fund (IMF) on the second review of a $3.4 billion financing program. Macron praised Ethiopia’s commitment to its reform agenda, expressing confidence that the 3 billion-euro debt restructuring would be finalized in the near future.
“Thanks to your commitment to the reform programme, we aim to complete the restructuring of this debt in the next few weeks,” said Macron. He also affirmed France’s full support for the ongoing discussions with the IMF, with a key meeting scheduled for mid-January.
