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

hunting and the forced conscription of youth into the military has increased throughout Oromia, including the district.

 Hunting and the forced conscription of youth into the military has increased throughout Oromia, including the district.

According to reports, in the Oromia region children and young people are being forcedly recruited for the military.

According to the information from the various zones, this kind of activity is getting worse, particularly in the West and East Hararge, Arsi, East Wolega, and Jimma zones.

According to reports, the community's obligation to contribute money to the defense forces has also been strengthened.

In many parts of the Oromia region, the government forces are forcibly collecting money from the populace at this point when living expenses have reached maximum level in order to fund the army for the government's war.

Teachers in the district have complained to OMN that the district cabinet in East Hararge Zone's Fadis district is paying from  their monthly salary against their choice in order to fund the National Defense Army.

The teachers said, "In the lowlands, where we are trying to create a new generation, the cost of life and the pressure from government forces to fund the defense forces every year have made things difficult for us."


These teachers claimed that we spend as much money as a jug of water and that our pay is insufficient to support ourselves and our families, let alone help others.

The teachers claimed that we only receive the minimum monthly salary as our only source of income and claimed that despite our repeated requests for forced deductions from our pay, we have not received a response.

In the meantime, according to our sources, hunting and the forced conscription of youth into the military has increased throughout Oromia, including the district.

In particular, they claimed that the West and East Hararge, Arsi , East Wolega , and Jimma zones are experiencing an increase in this kind of activity. 

Other areas, such as Goro Gutu, Melka Belo, Midega Tola, Aweday, Kerisa, Langei, and Deder And in the west  Hararge Zone, Tulo, Boke, chiro, Daro Lebu , odda bultum ,gemechis , gumbi bordode and meiso have experienced forced recruitment of young people into the military.

According to the reports, things are becoming worse.

According to sources, the government troops in the East Wolega and  Jimma Zone's Agaro District are pressuring young people from rural areas to enlist in the military.

Youths from Arsi Zone Asela city and its surrounds, as well as from other districts and cities, are being forcedly recruited in the meantime.

@Hilinasolom 

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Source :OMN 


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