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  • Ethiopia faces sovereign default, joins ranks of African nations in crisis

Published 12:34 IST, December 26th 2023

Ethiopia faces sovereign default, joins ranks of African nations in crisis

The payment, originally due on December 11, had a 14-day 'grace period' clause, providing Ethiopia until Tuesday to fulfill the obligation.

Reported by: Business Desk
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Ethiopia Faces Sovereign Default, Joins Ranks of African Nations in Crisis
Ethiopia Faces Sovereign Default, Joins Ranks of African Nations in Crisis | Image: DepositPhotos
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12:34 IST, December 26th 2023