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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

Ethiopian Human Rights Commission (EHRC) urges Ethiopia not to start a war again.

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 #ETHIOPIA Ethiopian Human Rights Commission (EHRC) urges Ethiopia not to start a war again. The Ethiopian Human Rights Commission (EHRC) has said in a statement that it is concerned about the escalating conflict between the federal government and the Tigrayan forces.the institute said in a statement that it urged all to do their part to prevent a resumption of hostilities in Ethiopia. Reminding that 19 months ago, the war in northern Ethiopia had left many vulnerable to various human rights abuses,  EHRC said the escalation of hostilities should be stopped. "I have confirmed through previous investigations that millions of people in the Afar, Amhara, and Tigray regions have been subjected to violence, loss of loved ones, loss of life, loss of basic services, and the suffering of others." The three regions of northern Ethiopia, including the federal government, should focus on providing adequate human rights assistance to war-affected people, said in a statement. He emphasize

Ambassador Dina Mufti says the government has no answer to the question of removing the TPLF from the list of terrorists!

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 Ambassador Dina Mufti says the government has no answer to the question of removing the TPLF from the list of terrorists! Foreign Ministry spokesman Dina Mufti said the government has not responded to questions raised by the House of Representatives about the removal of the TPLF from the list of security concerns are being negotiated "The government is pursuing its own position and there is no answer to the question." In his remarks, Ambassador Dina spoke about the peaceful conclusion of the African Union Summit, which was attended by Presidents of 23 countries, three Prime Ministers and three Vice Presidents. A report on peace and security was presented at the conference, and Ambassador Dina lamented the failure of the plan to prevent gun violence on the African continent. source-VOA  @Hilinasolom

Information about the huge Commercial Bank of Ethiopia headquarters building

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 Information about the huge Commercial Bank of Ethiopia headquarters building: - The foundation stone of the building was laid on June 20, 2007 E.C by Bereket Simon, a policy advisor and then Chairman of the Board of Directors of the Commercial Bank of Ethiopia. - A long study has been done to carry out the construction and it has taken its own time to find the site; After 18,308 square meters of land was given to the building, a design competition was held with the participation of many, making it the current winner. - It took 7 years to identify the building design and construction facility. - The building is state-of-the-art and incorporates an unusual structure in Ethiopia. - Construction of the building was carried out under the supervision of Addis Ababa University Institute of Technology (AAiT) by the Chinese Government Construction Engineering Corporation. - 4 underground and 49 above ground with a total of 53 floors with a total height of 209.15 meters and two large buildings

World Health Organization (#WHO_Ethiopia) has announced that it has started transporting 33. 5 metric tons of essential medicines and medical supplies to Tigray State

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 #Tigray, #Mekelle   World Health Organization (#WHO_Ethiopia) has announced that it has started transporting 33. 5 metric tons of essential medicines and medical supplies to Tigray State. The company said 10 metric tons of medical supplies will be delivered to Tigray State every day. It was also announced that 10 metric tons of medical supplies have entered  Tigray today. Photo: WHO Ethiopia @Hilinasolom

The road was closed from 1pm to 12am last night when gunmen shot and killed the driver of a truck, nicknamed" Azwa Meda "near the small town of Filkilk in the Nile Desert in the Oromia region .

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 "The road was closed from 1pm to 12am after gunmen shot and killed the driver of a truck, but today the road is open," said Commander Bimrew Assefa. Dejen Woreda Police Office of Amhara State announced that it is open to traffic this morning after it was closed for 12 hours after gunmen killed a truck driver on the main road from Addis Ababa to Gohatsion in Amhara Region. Police made the announcement in an interview with VOA. "The road was closed from 1pm to 12am last night when gunmen shot and killed the driver of a truck, nicknamed" Azwa Meda "near the small town of Filkilk in the Nile Desert in the Oromia region . However, the road is open to traffic from 12 noon today, he said. As for the cause of the damage, the incident took place in the Oromia region, he said, adding that the details would be seen there. @Hilinasolom

Safaricom - Ethiopia to start operations in early April

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 #SafaricomEthiopia Safaricom - Ethiopia to start operations in early April. Matthew Harrison Harvey, the agency's head of oversight and foreign affairs, said the agreement with the government indicated that they would be operational within nine months from the date of issuance of the license, and that they were working to start a business from next April. He told Capital News. A.D. Safaricom Telecommunication Ethiopia, which has been licensed to operate since July 9, 2021, has launched telecom expansion in the country. The company's first data center was launched last month and the company is in the process of networking. Matthew Harrison Harvey  said it is working with two network providers, Nokia and Huawei, and that Huawei will cover the rest of the country with core network infrastructure in Addis Ababa and the surrounding area. "We are still in talks with Ethio Telecom on infrastructure sharing," he added. He said work is underway to connect Safaricom customers

Indian students' ban on wearing hijab has sparked controversy

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 Indian students' ban on wearing hijab has sparked controversy. In India's Karnataka state, students are not allowed to go to school wearing the hijab, causing tensions between Hindus and Muslims in the state. Many were injured in the ensuing clashes, and schools were closed for three consecutive days. Tensions over the ban on the hijab have been the subject of much debate in India, and the case has now been referred to the Supreme Court. Six female students who claim to have the right to wear the hijab at school have attracted the attention of many. 'Student wearing the hijab is a right' in a court case; She argues that wearing the hijab is a fundamental religious right enshrined in the Constitution. The six female students began protesting after being barred from entering the public high school compound by wearing hijabs. This decision was opposed by the followers of Islam; Conservative Hindus also supported the decision. On Tuesday, February 1, clashes broke out betw

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