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 flown the tenth cargo plane to the Tigray region in ten days.


#Tigray, #Mekelle

The 10th cargo flight landed in Tigray today.

The International Committee of the Red Cross (ICRC) has flown the tenth cargo plane to the Tigray region in ten days.

During the flights, insulin, hemodialysis, oxytocin, tetanus toxoids, gloves, surgical instruments, and essential medicines were delivered to health facilities.

The medical supplies, provided by the FDRE Ministry of Health and the International Committee of the Red Cross, are said to help meet the urgent medical needs of thousands of people.

The International Committee of the Red Cross (ICRC) has announced that the first flight was on  Wednesday, January 26, with the support of stakeholders.

It is also said that 5 more flights are planned for next week.


@Hilinasolom

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