Ethiopia joins Zambia, Ghana and Sri Lanka in default list | World Business Watch

Nos Wondi casa 😢 nos ethiopia nos nos nos salga muy bueno

biased. media ,

Why are our countries in debt and impoverished when we have so much natural wealth 😢 is it the poor governance of our leaders??? Zambia 🇿🇲 has got Gold, emeralds, Diamonds, Copper, Manganese, sujilite, cobalt, platinum, uranium, Mukula tree just to mention a few of our natural resources. Please make me understand why our leaders subject our countries to debts 🤔🤔

thank you abiy for making our country poor 😥😥 Respect for Haileselase Ethiopia was once a great country now look at it … war, famine, lies …… Horror

This will lead rejection from BRICS too

SRI LANKA ISNT DEFAULT NOW, EWWWW THIS SH!TTY ENDIAN MEDIA🤮, sri lanka even recorded 1.6% GDP growth in 3rd quater

Africans are entitled,they believe the world ows them free money. They are so used to aid,corruption and theft,i do not seen hope for African any time soon

Ojalá no deban más que pagen el adeudo que no acepten nada de los invasores libre Ethiopia 🇪🇹

Do you know what all three countries have in common regarding their Debt?
1. All applied under the IMF bail out and thus have to implement the IMF Restructure Program: Balanced Government Budget, Privatization of national assets and services and Financial austerity (cutting down on social services)
2. All have seek the G20 Debt Relieve Framework (note the word "framework" not debt "relief") and
3. All debtors countries in the G20 agreed to possible extension if the IMF Loan comes through except China.
Why ?These countries did not seek assistance from BRI funding institutions which have applied Debt Relief to over 15 African Countries in the last 2 years alone. These three countries stuck to the one and only one available debt modality for us developing countries instead of looking forward. Singapore faced the same delimma back in the 1960s but decided to do it alone without IMF packages.
Food for Thought

YOU KNOW WHAT THAT MEANS…… 😢