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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A delegation led by United Nations Under-Secretary-General Amina Mohammed visited Mekelle, Tigray State today


 #Tigray, #Mekelle

Amina Mohammed visits Tigray Region

A delegation led by United Nations Under-Secretary-General Amina Mohammed visited Mekelle, Tigray State today.

The delegation toured the ider Referral Hospital in Mekele; She talked to health professionals.

she also visited camps for displaced persons in Mekele; she also spoke to war victims.

It is to be recalled that the delegation led by Amina Mohammed visited Kombolcha town of Amhara region this morning.



@Hilinasolom

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