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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The International Committee of the Red Cross (ICRC) has announced that it has delivered the first medical supplies in Mekelle, Tigray State, since last September.


 #Tigray, # Mekelle

The International Committee of the Red Cross (ICRC) has announced that it has delivered the first medical supplies in Mekelle, Tigray State, since last September.

The supply of emergency medical supplies, including essential medicines, is expected to reach the worst affected health facilities in the region.

The International Committee of the Red Cross (ICRC) plans to continue providing medical supplies in the coming weeks and beyond.

At the same time, the organization said it will continue to support health facilities in Amhara and Afar regions that are difficult to provide services due to the conflict.


Source: ICRC

@Hilinasolom

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