Abiy said in 2019 that borrowing from the IMF is like borrowing from your mother. But since then, much has happened from COVID19 to Tigray war. This time around, mother is looking for some lifestyle changes, notably in Ethiopia’s exchange-rate system.
Ethiopian Prime Minister Abiy Ahmed, addresses the African Union in Addis Ababa, February 18, 2023. REUTERS
Ethiopian Prime Minister Abiy Ahmed said in December 2019 that borrowing from the IMF is like borrowing from your mother. A lot has happened since then, in the shape of Covid-19, a civil war in Tigray, and Russia’s invasion of Ukraine. This time around, mother is looking for some lifestyle changes, notably in Ethiopia’s exchange-rate system.Also receive offers from The Africa Report
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