{"id":47557,"date":"2026-10-08T10:53:27","date_gmt":"2026-10-08T08:53:27","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=47557"},"modified":"2026-10-08T10:53:27","modified_gmt":"2026-10-08T08:53:27","slug":"ethiopia-names-fitsum-as-new-finance-minister","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/ethiopia-names-fitsum-as-new-finance-minister\/","title":{"rendered":"Ethiopia names Fitsum as new Finance Minister"},"content":{"rendered":"<div>Ethiopia&#8217;s Prime Minister Abiy Ahmed this\u00a0 Thursday named \u200bFitsum Assefa Adela as \u200bFinance Minister in his new cabinet, replacing Ahmed \u2060Shide who has become speaker \u200bof the lower house of parliament.<\/div>\n<div>Fitsum was \u200bformerly Minister of planning and development.<\/div>\n<div><\/div>\n<div>The Horn of Africa country is reworking \u200bits external debt under the \u200bG20&#8217;s Common Framework and is gradually opening \u200cup \u2060its economy to more private investment.<\/div>\n<div><\/div>\n<div>Ethiopia defaulted on its sole Eurobond in 2023 and earlier \u200bthis \u200byear struck \u2060a preliminary restructuring deal with private creditors.<\/div>\n<div>Abiy on Thursday \u200bnamed the chief executive \u200bof \u2060state-owned Ethio Telecom, Frehiwot Tamiru, as Minister for innovation and \u2060technology. \u200bMohammed Edris was \u200bmade Minister of Defence.<\/div>\n<div><\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":40348,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-47557","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Ethiopia defaulted on its sole Eurobond in 2023 and earlier \u200bthis \u200byear struck \u2060a preliminary restructuring deal with private creditors.","published_date":"","news_description":"Ethiopia defaulted on its sole Eurobond in 2023 and earlier \u200bthis \u200byear struck \u2060a preliminary restructuring deal with private creditors.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47557\/revisions"}],"predecessor-version":[{"id":47575,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47557\/revisions\/47575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/40348"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=47557"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=47557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}