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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Statement of Tigray Government Communication Bureau


 Statement of Tigray Government Communication Bureau

The Tigray government's communication affairs bureau said that the fascist group pretended to accept peace in order to confuse the international community and on the other hand it shows that the group is not ready for peace.

In a statement, the bureau said the people and government of Tigray wanted the war to end peacefully, but that the fascists were still waging war by the generals.

"If this group and its allies continue to bring the people of Tigray to their knees, the Tigrayan people, led by the people and government of Tigray, are well prepared to withstand any attack in the north or south," the statement said.


Voice of Tigray

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