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 road was closed from 1pm to 12am last night when gunmen shot and killed the driver of a truck, nicknamed" Azwa Meda "near the small town of Filkilk in the Nile Desert in the Oromia region .


 "The road was closed from 1pm to 12am after gunmen shot and killed the driver of a truck, but today the road is open," said Commander Bimrew Assefa.

Dejen Woreda Police Office of Amhara State announced that it is open to traffic this morning after it was closed for 12 hours after gunmen killed a truck driver on the main road from Addis Ababa to Gohatsion in Amhara Region.

Police made the announcement in an interview with VOA.

"The road was closed from 1pm to 12am last night when gunmen shot and killed the driver of a truck, nicknamed" Azwa Meda "near the small town of Filkilk in the Nile Desert in the Oromia region .

However, the road is open to traffic from 12 noon today, he said.

As for the cause of the damage, the incident took place in the Oromia region, he said, adding that the details would be seen there.


@Hilinasolom

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