As a consequence of the decline in reserves in hard currency and foreign exchange, Ethiopia's foreign debt, totaled 26 billion USD, was rated high risk by 2017. While the national foreign debt was rated low and moderate risk between 2012 and 2016, the current status necessitates various remedies to deal with it.
Globally, the net present value of external debt-to-exports is the baseline to assess the debt risk of a given country. In addition, there is now the debt service to-exports-plus-remittances indicator.
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