Birdwatch Note Rating
2024-02-06 15:07:39 UTC - NOT_HELPFUL
Rated by Participant: 5F3FEEEA4B65ED345DAE872C369EBD16D567DEAC24EF4BC2780EA275F1673238
Participant Details
Original Note:
&hyphen-minus;Eth.' GDP growth calculation might could differ from IMF's one. - A forecasted growth of 6.2% even if lower than the 7.9% is a remarkable growth - As all the countries emitting debt in foreign currency (i.e. Turkey) servicing the debt is not easy. https://www.reuters.com/world/africa/ethiopia-floats-loss-reinstatement-provision-bond-rework-sources-2023-12-14/ https://www.investireoggi.it/obbligazioni/etiopia-ufficialmente-in-default-ma-eurobond-non-pagato-segna-10-in-una-settimana/ https://www.reuters.com/world/africa/fitch-cuts-ethiopias-foreign-currency-rating-after-downgrade-2023-12-27/ https://www.bloomberg.com/news/articles/2023-12-25/ethiopia-fails-to-pay-coupon-becoming-latest-african-defaulter
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