Commentary Current Affairs Economy Opinion Opinion
Ethiopia’s Rapidly Inflating Debt Mountain
In December 2019 alone, Ethiopia’s external debt stock has increased by about US$ 9 billion. The multilateral agencies, the International Monetary Fund (IMF) and the World Bank, each approved about US$ 3 billion. The VOA has quoted PM Abiy’s tweet referring to unnamed source pledging yet another US$ 3 billion. Read more…