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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South Korean military says North Korea has fired two more cruise missiles.


 #NorthKorea

South Korean military says North Korea has fired two more cruise missiles.

This is also the fifth missile test in the new European Year.

South Korea's military says details are being studied.

North Korea has fired eight missiles in five tests in the New Year alone.

The United States has deployed about 28,000 troops in South Korea, according to the 1950 Korean War.


America has expressed concern about North Korea's missile program and has repeatedly called for talks, VOA reported.


@Hilinasolom

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