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Government
rejects IMF’s push to auction highly indebted businesses
By Groum Abate
The Ethiopian government
has been in disagreement over the past years with the International
Monetary Fund (IMF), which recommended that all business with long
outstanding unpaid loans from government banks be auctioned off to pay
their debt to the banks burdened with huge non-performing loans.
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Businessmen briefed on tax liabilities, avoidance |
