Italy, Ethiopia sign agreement on the treatment of debt service

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Italy and Ethiopia sign the Agreement on the treatment of debt service in the framework of the Debt Service Suspension Initiative (DSSI).
Since its inception, Italy has strongly supported the adoption of the Debt Service Suspension Initiative (DSSI) promoted by the G20 in favor of the world’s most debt-laden countries.
Given the particular condition of vulnerability that low-income Countries are experiencing during the pandemic, a temporary suspension of debt-service payments owed to their official bilateral creditors is granted until 30 June 2021, with the possibility for a further six-month extension.