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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Dr. Fasika Amdeslasie stated on the BBC's Newsday show that "we don't have medicines for our patients, surgical supplies, immunizations, or insulin


According to a surgeon at the primary hospital in the Tigray region's capital, Ethiopia, the 23-month civil war has caused patients to die needlessly due to a lack of medications and treatments.

Dr. Fasika Amdeslasie stated on the BBC's Newsday show that "we don't have medicines for our patients, surgical supplies, immunizations, or insulin

Since November 2020, Tigrayan forces have been engaged in combat with Ethiopian federal forces and their allies. For the majority of the conflict, Tigray has been cut off.

Thanks to the World Health Organization and the International Committee of the Red Cross, some medications have reached the affected areas, but the distribution has been patchy, according to Dr. Fasika.

A lack of insulin is killing diabetic patients, he continued, and renal sufferers may potentially perish if dialysis cannot be continued.

Dr. Fasika also claims that the hospital staff has not received pay in 17 months.

It's difficult right now to save those who can be spared, he said, "but we are attempting to save those who we can."

It's difficult right now to save those who can be spared, he said, "but we are attempting to save those who we can." 

Source : BBC

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