Ethiopia Grants State Enterprises Three-Year Grace Period to Write Off Decade-Old Receivables

The Reporter Ethiopia · 2026-10-10T08:26:34.000Z · Business

The Ministry of Finance has introduced a landmark legal framework allowing state-owned enterprises to clean up their balance sheets by writing off long-standing receivables, unpaid payables, and obsolete assets that have accumulated over years of operations. Issued under Directive No. 1151/2026, the regulation establishes a temporary, one-time mechanism for holding companies and supervisory authorities to […]

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