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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).

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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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The trial of Thomas Sankara continues today.

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 #ThomasSankara The trial of Thomas Sankara continues today. The trial of Thomas Sankara, which was suspended for a week in Burkina Faso following a military coup, is set to resume today. Burkina Faso's military tribunal has denied allegations that General Gilbert Dindere was released earlier this week. Sankara's murder trial is set to begin on Monday in a military court in the capital, Ouagadougou. The court announced that the trial was adjourned. "Once the constitution is in place, the trial will continue. @Hilinasolom
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Former PM Hailemariam Desalegn to be arrested and ordered to appear in court

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 Former PM Hailemariam Desalegn to be arrested and ordered to appear in court Former Federal Democratic Republic of Ethiopia (FDRE) Prime Minister Hailemariam Desalegn to be arrested and charged with felony criminal mischief. Four defendants, including former Metek Director General Kinfe Dagnawu, who has been in custody since November 4, 2011 E.C, have been indicted on corruption charges related to the purchase of farm implements. Accordingly, on July 11, 2013 E.C, the Minister of Finance, Ahmed Shide, appeared in court. In a 2014 low interest rate agreement, Ethiopia's defense received $ 50 million from the Polish government, which was paid to agricultural equipment companies in Poland, and the money was not imported. Another is Hailemariam Desalegn, who has been repeatedly summoned to testify in his defense. Hailemariam Desalegn, who was summoned by the Federal Police, responded by saying that he had not been able to locate them through the office of the former Prime Minister. De
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Prime Minister Mohammed Hussein Roble is in UAE.

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 #UAE Prime Minister Mohammed Hussein Roble is in UAE. Somali Prime Minister Mohamed Hussein Roble is on a working visit to the United Arab Emirates, Al Ain News reported. According to the report, PM Roble left for Abu Dhabi yesterday for talks with the country's leaders. In recent days, the United Arab Emirates (UAE) has received Egyptian President Abdul Fattah al-Sisi, Ethiopian Prime Minister Dr. Abiy Ahmed and Israeli President Isaac Herzog. consulted with various leaders on various issues. Photo: #SomaliPM @Hilinasolom
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Ethio Telecom CEO Frehiwot Tamiru reported on the company's 6 months performance today

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  Ethio Telecom Report: Ethio Telecom CEO Frehiwot Tamiru reported on the company's 6 months performance today. According to Ethio Telecom: •  It is said that it made a profit in 6 months. • Earned a total of 28 billion birr in 6 months. This is 86.4 percent of the plan; Compared to the previous year, it grew by 6.7 percent. • Received $ 74.8 million in foreign exchange earnings; Achieved 89.3 percent of the plan. • Announces service disruptions  to 3,473 mobile stations, towers due to war, conflict. As a result, it has lost 3.67 billion birr in six months. • A total of 328.9 million birr has been spent to replace damaged and war-torn areas and to restore services. Ethio Telecom announced that there are currently woredas in various areas, including Tigray State which are not functional yet. SHe said the condition of the telecom infrastructure in the area could not be ascertained. She apologizes to all customers who have experienced service interruptions. Info: Sheger FM 102.1 @Hili
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TPLF chairman Dr Debretsion G. Michael said on BBC News that he had held indirect talks with the federal government through other sources

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TPLF chairman Dr Debretsion G. Michael said on BBC News that he had held indirect talks with the federal government through other sources. He said promising results have been achieved. Dr. Debretsion said talks with the federal government and other parties are a sign of hope for an end to the conflict, but that he is awaiting the outcome of the diplomacy. Dr. Debretsion Gebremichael also said that he still wants peaceful solutions to the problems. The BBC News reports that the federal government has not yet commented on the report. The Prime Minister, Dr. Abiy Ahmed, during a closed-door meeting with the Diaspora, stated that a rational dialogue will be held in the interest of the country. Following this, Foreign Ministry Spokesman Dina Mufti said said there was no indication that the government was in talks with a terrorist organization. There are still reports of people being displaced by the conflict in the Tigray region bordering Afar and Amhara. The displacement of more than 200,0
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The court ordered the release of 22 people accused of human rights abuses under Getachew Assefa's case , the former director general of the National Intelligence Service, on bail of 30,000 birr each.

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The court ordered the release of 22 people accused of human rights abuses under Getachew Assefa's case , the former director general of the National Intelligence Service, on bail of 30,000 birr each. The verdict was handed down by the Federal High Court's Lideta Division 1 Corruption Crimes Tribunal. Among those granted bail were Yared Zerihun, former deputy director of national intelligence, and Tesfaye Urge, head of the agency's anti-terrorism department. The court ordered that the defendants be barred from leaving the country. Oromo Federalist Congress (OFC) leader Dejene Tafa attends today's hearing. Source: wazema @Hilinasolom
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I am pleased with the Board's confidence and trust in me

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 I am pleased with the Board's confidence and trust in me - Dr. Tedros Adhanom Dr. Tedros Adhanom, Director-General of the World Health Organization (WHO) In a message to the World Health Organization (WHO) Board of Directors, Dr. Tedros said he was pleased with the Board's confidence in me. @Hilinasolom
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TPLF chairman Dr Debretsion G. Michael said on BBC News that he had held indirect talks with the federal government through other sources

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TPLF chairman Dr Debretsion G. Michael said on BBC News that he had held indirect talks with the federal government through other sources. He said promising results have been achieved. Dr. Debretsion said talks with the federal government and other parties are a sign of hope for an end to the conflict, but that he is awaiting the outcome of the diplomacy. Dr. Debretsion Gebremichael also said that he still wants peaceful solutions to the problems. The BBC News reports that the federal government has not yet commented on the report. The Prime Minister, Dr. Abiy Ahmed, during a closed-door meeting with the Diaspora, stated that a rational dialogue will be held in the interest of the country. Following this, Foreign Ministry Spokesman Dina Mufti said said there was no indication that the government was in talks with a terrorist organization. There are still reports of people being displaced by the conflict in the Tigray region bordering Afar and Amhara. The displacement of more than 200,0
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The International Committee of the Red Cross (ICRC) has announced that it has delivered the first medical supplies in Mekelle, Tigray State, since last September.

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 #Tigray, # Mekelle The International Committee of the Red Cross (ICRC) has announced that it has delivered the first medical supplies in Mekelle, Tigray State, since last September. The supply of emergency medical supplies, including essential medicines, is expected to reach the worst affected health facilities in the region. The International Committee of the Red Cross (ICRC) plans to continue providing medical supplies in the coming weeks and beyond. At the same time, the organization said it will continue to support health facilities in Amhara and Afar regions that are difficult to provide services due to the conflict. Source: ICRC @Hilinasolom
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hunting and the forced conscription of youth into the military has increased throughout Oromia, including the district.

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  H unting 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, "
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