Tag: Ethiopia Credit Committee
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Attention Shifts to Chinese Debt Following Ethiopia’s IMF, World Bank Deals
This week, the Ethiopian government struck a pair of deals with the International Monetary Fund (IMF) and the World Bank that will pave the way to restructure the country's $29 billion external debt, a quarter of which is owed to Chinese creditors.
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
Attention Shifts to Chinese Debt Following Ethiopia’s IMF, World Bank Deals
This week, the Ethiopian government struck a pair of deals with the International Monetary Fund (IMF) and the World Bank that will pave the way to restructure the country's $29 billion external debt, a quarter of which is owed to Chinese creditors.