Business

Ethiopian scholar warns country’s overstretched economy risks collapse

(African Overview) — The Ethiopian authorities’s rising reliance on overseas loans is posing a critical threat of financial collapse, a paper offered Friday by a famend native economist says. “Take as an illustration China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure initiatives. Our complete funding is 40 per cent of GDP. […]

Business

Ethiopian scholar warns country’s overstretched economy risks collapse

ZeHabesha Newest Ethiopian Information Supplier (African Assessment) — The Ethiopian authorities’s rising reliance on overseas loans is posing a critical danger of financial collapse, a paper introduced Friday by a famend native economist says. “Take as an illustration China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure initiatives. Our whole funding is […]

Business

Ethiopian scholar warns country’s overstretched economy risks collapse

ZeHabesha Newest Ethiopian Information Supplier (African Evaluate) — The Ethiopian authorities’s rising reliance on international loans is posing a critical threat of financial collapse, a paper introduced Friday by a famend native economist says. “Take for example China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure tasks. Our complete funding is 40 […]

Business

IMF warns the global economy is “highly vulnerable” | BBC

(BBC)  The Worldwide Financial Fund (IMF) has mentioned the worldwide financial system has weakened additional and warned it was “extremely weak to hostile shocks”. It mentioned the weakening had come “amid growing monetary turbulence and falling asset costs”. The IMF’s report comes earlier than the assembly of G20 finance ministers and central financial institution governors in […]

Business

IMF warns the global economy is “highly vulnerable” | BBC

ZeHabesha Newest Ethiopian Information Supplier (BBC)  The Worldwide Financial Fund (IMF) has mentioned the worldwide economic system has weakened additional and warned it was “extremely weak to antagonistic shocks”. It mentioned the weakening had come “amid rising monetary turbulence and falling asset costs”. The IMF’s report comes earlier than the assembly of G20 finance ministers and […]