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Ethiopia Formally pledges Equal Treatment in Ongoing Debt Restructuring Talks
The Ethiopian government formally affirmed all external creditors should be equally treated under the framework of the Official Creditor Committee (OCC). In a statement issued by the Ministry of Finance, the government said it had formally committed, under the terms of a memorandum of understanding with the OCC, not to offer more favorable repayment terms to creditors outside the framework than those already granted to official bilateral lenders. [...]