Two months ago, I predicted one potential source of foreign exchange to finance the PM’s Palace is taking loans from China collateralizing the Ethiopian Airlines. Two days ago, I speculated the reason behind Ato Girma’s termination is to transfer foreign exchange from the Ethiopian Airlines to the palace.
Today, I learned the PM is in discussion with China to let them take over the Cargo business of the Ethiopian Airlines until Ethiopia pays its debt.
Yonas