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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Six million silenced: A two-year internet outage in Ethiopia

 

Six million silenced: A two-year internet outage in Ethiopia

One of the world's longest telecommunications outages is impeding humanitarian delivery, damaging business, and separating families as violence continues in war-torn Tigray, Ethiopia. 

Gotytom Gebreslase, an Ethiopian marathon runner, had just been named the world champion she broke down in tears  when asked if her family in war-torn Tigray was celebrating her victory.

 She wiped her eyes as she remarked, "I haven't spoken to my parents in months," at a news conference in Eugene, Oregon, during the World Athletics Championships in July. 

"I wish my own father and mother could celebrate my success as other Ethiopians do," 

After a humanitarian ceasefire that lasted for months, the fighting broke out again last month, destroying hopes thay communication would be restored. 

Even Tedros Adhanom Ghebreyesus, the director of the World Health Organization (WHO), a native of Tigray, lamented his inability to contact or support family members back home. 

During a recent news conference in London, Tedros stated, "I don't even know who is dead or who is alive."

The administration of Prime Minister Abiy Ahmed claims that shutdowns are necessary to stop the violence as fighting rages on in Tigray and elsewhere in Ethiopia, but others charge that the government is using the internet as a weapon of war.

According to Goitom Gebreluel, a political analyst who specializes in Horn of Africa matters, "access to communications and other basic services, and most critically humanitarian assistance, is expressly utilized as a negotiating chip by the Ethiopian government."

"It is used as leverage against both Tigray and the international community." 

Emergency workarounds like satellite phones have developed into a crucial instrument for relief agency activities in Mekelle, the provincial capital of Tigray. 

Locals try to  send messages to loved ones using the satellite phone service that is run by the International Committee of the Red Cross (ICRC).

According to spokesperson Alyona Synenko, the ICRC has enabled around 116,000 phone conversations and oral communications "amongst family members separated by conflict and bloodshed."

Source: context 

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