Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" that "artificially" creates a solvency issue that would require them to give the East African nation debt relief,

Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, arguing that a surge in gold and coffee exports have restored the finances of east Africa’s most populous country to a sounder footing.

The salvo is the latest battle between the creditor committee, the IMF and Ethiopia over whether the country is facing a liquidity issue