Currency Devaluation Triggered a $107B Drop in Ethiopia’s GDP
[TesfaNews - Eritrea] - 20/01/2025
Ethiopia has faced significant economic turbulence following an IMF-mandated currency devaluation. The policy, implemented in July 2024 as part of a condition to secure $10.7 billion in external financing from the IMF, the World Bank, and other creditors, caused Ethiopia’s nominal GDP to (…)
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In Eritrean newspapers
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