Ethiopia has reached a preliminary agreement with creditors regarding its debt default.

Ethiopia's finance minister announced that the country has reached a preliminary agreement with its official creditors regarding its debt default. The minister made this announcement on Friday, marking a potential breakthrough in the nation's debt crisis.

Details of the agreement have not yet been disclosed. This preliminary agreement is viewed as a significant step in Ethiopia's efforts to manage its debts, although the exact terms and conditions are still being clarified. For more information, please refer to our Terms and Conditions section.