Following the International Monetary Fund’s decision to provide Ethiopia with a loan of $3.4 billion over a four-year period as part of an economic reform initiative, the value of the country’s defaulted international bond experienced a significant increase. This development is considered a crucial advancement that is anticipated to facilitate discussions with creditors regarding the restructuring of Ethiopia’s debt.
The agreement with the International Monetary Fund marks a pivotal moment for Ethiopia, as the financial support is expected to bolster the nation’s economic reform efforts. Additionally, this financial backing is likely to enhance the prospects for successful negotiations with creditors, thereby aiding in the restructuring of the country’s outstanding debt obligations.
Bloomberg
Excellent news and the right thing to do for those black folks by the IMF. Now, all of you bigots and connivers in Minneapolis, Toronto, LA, Michigan. Knoxville, Oslo and gourd heads in Down Under! Rush to your nearest pond/lake/sea and jump in the deep end. Don’t you dare try to come up. Stay there and you will be joined by your buddy Iblis who will take you to his joint, the ever burning hell to eternity.
Congratulations to that fire spitting patriot Brother H.E. Ahmed Shide for being able to receive confidence in your leadership from the august IMF and secure the much needed fund. Even the usually Ethiopia-hater Bloomberg News is gobsmacked by your success and told us the value of nation’s bond has gone through the roof. Go get’em tiger!!!
All mamush (Abiy Ahmed) could do with this money is by more drones, more guns and finish-up his luxury resorts and palaces. He is devoid of any national development agenda. IMF and World Bank were created for and are actively working on establishing a neo-colonial slave system where nations led by Abiy Ahmed type puppets get set up for resource looting and recolonization. Well, we should have expected this when foreign intelligence agencies meddled in our affairs and put in power their well-groomed and chosen ashangulit.
Now, they will apply the Schock-therapy that has been shown to disintegrate a nation under similar conditions as Ethiopia finds itself in at the current moment.
Trashy propaganda! What economic growth are you talking about when people are terrified to leave their homes for the marketplace or to the farm? The only economic growth is for Abiy Ahme’s ransom-generating kidnapping industry that uses the banks of the nation and an army of terrorists to extort millions of birr from the poorest of the nation.
They changed a non-cooperating TPLF leadership, they put an even more ignorant, short-sighted and greedy OPDO gang in power, they pitted them into a meaningless war. With their munitions used up and with their pockets empty the fools now go to their masters with tails between their legs to beg for money. That is the simple story. Ye Tegebe banda beterabe banda new yeqeyerulin.