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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World Health Organization (#WHO_Ethiopia) has announced that it has started transporting 33. 5 metric tons of essential medicines and medical supplies to Tigray State


 #Tigray, #Mekelle 

 World Health Organization (#WHO_Ethiopia) has announced that it has started transporting 33. 5 metric tons of essential medicines and medical supplies to Tigray State.

The company said 10 metric tons of medical supplies will be delivered to Tigray State every day.

It was also announced that 10 metric tons of medical supplies have entered  Tigray today.


Photo: WHO Ethiopia


@Hilinasolom

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