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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Ambassador Dina Mufti says the government has no answer to the question of removing the TPLF from the list of terrorists!


 Ambassador Dina Mufti says the government has no answer to the question of removing the TPLF from the list of terrorists!

Foreign Ministry spokesman Dina Mufti said the government has not responded to questions raised by the House of Representatives about the removal of the TPLF from the list of security concerns are being negotiated "The government is pursuing its own position and there is no answer to the question."

In his remarks, Ambassador Dina spoke about the peaceful conclusion of the African Union Summit, which was attended by Presidents of 23 countries, three Prime Ministers and three Vice Presidents.

A report on peace and security was presented at the conference, and Ambassador Dina lamented the failure of the plan to prevent gun violence on the African continent.

source-VOA 

@Hilinasolom

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