Ethiopia Appoints New Finance Minister
Ethiopian Prime Minister Abiy Ahmed named Fitsum Assefa Adela as finance minister in his new cabinet. Fitsum replaces Ahmed Shide as the nation works to restructure its external debt and expand private investment.
Ethiopia Prime Minister Abiy Ahmed named Fitsum Assefa Adela as finance minister during Thursday morning's cabinet reshuffle. Fitsum previously served as planning and development minister, replacing Ahmed Shide, who moves to parliament. The appointment comes as the Horn of Africa country negotiates external debt restructuring under international frameworks.
