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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Students who entered Hawassa University for the exam in the 12th grade experienced a bridge collapse and a serious accident early morning .


 #Breaking news

Students who entered Hawassa University for the exam in the 12th grade experienced a bridge collapse and a serious accident early morning .

2022 October 10

The students who were scheduled to take the national exam at Hawassa University were in grave danger when the bridge connecting the main campus to the campus of the Institute of Technology abruptly fell. Today's accident occurred about 2:00 AM  local time , and its cause is still being looked into.

According to reporter who was there, an ambulance was called to take more than 7 students to Hawassa Referral Hospital.
Work is being done to use a dozer to free collapsed bridge that connects the main campus with the campus of the Institute of Technology after it abruptly collapsed.

Thousands of parents of students and local residents are currently on the site as a result of the accident.

‌‌@Hilinasolom

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