Ethiopia and France have signed agreements covering debt restructuring and financial support linked to Ethiopia’s ongoing economic reform program. The agreements were signed in Addis Ababa by Ethiopia’s Minister of Finance Ahmed Shide and France’s Minister Delegate for Europe and Foreign Affairs Eléonore Caroit. A key component of the signing was Ethiopia’s first bilateral debt restructuring agreement with a member of the Official Creditor Committee (OCC) under the G20 Common Framework, marking a step in Ethiopia’s external debt treatment process. As part of the same engagement, France announced additional financing totaling Euro 81.5 million, including Euro 80 million in budget support for Ethiopia’s Homegrown Economic Reform (HGER 2.0) program and Euro 1.5 million in technical assistance. The support follows France’s earlier contribution of Euro 100 million during the first phase of Ethiopia’s reform program.

Source: Ethiopian News February 13, 2026 09:36 UTC