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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Africa Cup of Nations Group III matches


🏆 Africa Cup of Nations Group III matches


            Complete ⏰


🇧🇫 Burkina Faso 1-1 Ethiopia 🇪🇹

Baila 25 '⚽️ Your Lord 55'⚽


  Cape Verde 1-1 Cameron 🇨🇲

Rodriguez 55'⚽ Abubakar 39'⚽️


Burkina Faso finished second, with Cameroon leading the way. Cape Verde have the best chance of finishing third with four points, while our national team has been knocked out of the Africa Cup of Nations by one point.


@Hilinasolom

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