Ethiopia's foreign exchange reserves in 2023 are only expected to cover 0.6 months, or 18 days, of international purchases, according to the International Monetary Fund (IMF).

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  Ethiopia's foreign exchange reserves in 2023 are only expected to cover 0.6 months, or 18 days, of international purchases, according to the International Monetary Fund (IMF). Ethiopia's foreign exchange reserves are only expected to cover 0.6 months or 18 days' worth of foreign purchases in 2022, according to the IMF's most recent report on global economic growth and status. It is also expected that this situation may deteriorate in 2023. Ethiopia's foreign exchange reserves in 2023 are only expected to cover 0.7 months, or 21 days, of international purchases, according to the International Monetary Fund (IMF) . Consequently, in the year According to the organization's projection, Ethiopia will only have enough foreign exchange reserves to cover purchases for 0.6 months. Ethiopia's average yearly foreign exchange reserves for the previous five years are shown by the same IMF statistics. In 2021, there were sufficient foreign exchange reserves to pay for
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Addis Ababa City Administration announced that the suspension of land related services has now been lifted.


 Addis Ababa City Administration announced that the suspension of land related services has now been lifted.

It is known that the city administration has been suspending land related services since 07/12/2013 E.C .


Due to the temporary ban, the service will be available in every sub-city starting from 13/05/2014 E.C .

List of services that have been temporarily suspended are as follows:

Enrollment liability only for legal holdings

Court and bank suspension registration and cancellation service

• Debt settlement service

Property transfer business

• Sold by bank auction

• Sold by court enforcement

• Condominium House Name Transfer Service

• Inherited property

• Real estate by real estate developers

Rent and rent tax rate for existing properties

Asset Estimation

Evidence of a court order in a land dispute

Boundary

Recognized and prioritized development initiative by city administration

• Compensation

• Replacement house

• Replacement placement services


Spatial arrangement

Border Enforcement Tasks

Construction supervision at a leased site

Land transfer or bidding


New Map Services

• Substitute condominiums for the limited

• Condominiums for management

• A separate map of Real Estates users / home buyers


source :*Ethio FM 107.8 

January 17, 2022

@Hilinasolom

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