Bondholder Committee Blasts IMF, Official Creditors Over “Grossly Flawed” Ethiopian Debt Analysis

The Ad Hoc Committee of Bondholders has launched a blistering critique against the International Monetary Fund (IMF) and the Official Creditors Committee (OCC), accusing them of relying on “grossly flawed” economic projections that forced Ethiopia into an unnecessary, two-and-a-half-year sovereign default. The backlash coincided with the announcement that the Committee—which represents approximately 45% of Ethiopia’s […]