IMF mission on visit to Ethiopia finance ministry official saidAn International Monetary Fund staff mission is in Ethiopia, a senior finance ministry official said on Thursday.
Last month, IMF spokesperson Julie Kozack had said the fund would send a mission to Ethiopia to discuss its request for a loan programme.
In December, the Paris Club of developed creditor nations said Ethiopia's agreement with its bilateral creditors, other than China, to suspend debt payments until 2025 could be voided if the country does not secure an IMF loan by March 31, 2024.
In the same month, Ethiopia became Africa's third default in as many years after it failed to make a payment on its $1 billion Eurobond.
Ethiopia is also in talks with IMF to borrow around $3.5 billion under a reform programme, three sources familiar with the matter told Reuters in December.
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