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Ethiopia, Italy cement Strategic Partnership with Landmark Debt Restructuring Deal

Ethiopia and Italy have taken a major step in deepening their strategic partnership, signing a landmark bilateral debt restructuring agreement that supports Ethiopia’s economic reform agenda and recovery efforts. The agreement was formalized by Ethiopia’s Finance Minister, Ahmed Shide and Giancarlo Giorgetti, Minister of Economy and Finance of the Italian under the framework of the Official Creditor Committee (OCC) as part of the G20 Common Framework for debt treatment. [...]