Ethiopia Bags $20B in Funding From IMF and World Bank

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Ethiopia Bags $20B in Funding From IMF and World Bank


Ethiopia’s decision this week to float its currency unlocked more than $20 billion in financing from the World Bank and International Monetary Fund — money the government desperately needs to tackle the East African nation’s debt burden and open up the economy. Bloomberg’s Fasika Tadesse in Addis Ababa joins Jennifer Zabasajja on…

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@zahrafahad4380

Bagging are west giving them free

@Agungsuprihatin

Jebakan betmen lagi dari IMF, satu negara lagi mata uangnya hancur 😢.

@Crismoses-nd1fq

abey ahemed no have business plan

@joyaku3078

😂😂😂😂20 billions😁😂😂it is not that mich atall

@solomonw7674

The current Ethiopian government is committing genocide against its people. It seems the IMF is funding the money to Abiy Ahmed's government to buy more weapons to continue the genocide against the Amhara people in Ethiopia. 💚💛❤️ stop funding criminals!

@georgethomas2645

Ethiopia has this saved the 2 lenders from going out of business.

@C3ISinc

Invest in undervalued and growth companies like C3iS Inc.

@sinecure7203

No ,this will make you poorer
Privatization of the natural resources

@et2507

External and internal debt might ðictate income and outcome. When others are at the level of building a floating space hotel, some kind of something cannot properly float on its navigations on earth.

@Wuletegiorgis23

I’m just ashamed that they don’t even have a really well educated or responsible person to the main point who can explain what is going on and how they’re thinking. Because we the people need to understand what’s going on from the governments perspective. You just can’t just give a person who can not answer this question only a paper to read and at the end she can’t even answer 1 single question properly. I feel bad for her and I feel bad for the entire Ethiopian people.

@shegerlyrics

The correspondent is reading from a script, look at her eyes

@kirubel9149

Ethiopian government is gambling against IMF for the expenses 120 million people

@gamef7636

U been misinformed…. The co*rrupt, unrem*orseful , beletent, irresponsible, citizen kil*ler, mur*ders, ter*rorist , the thief and.. etc fake government is gone to hell by taking everyone down. Within the couples of years Over 2 million ppls died in Ethiopia due to ethnic cleansing greater than Rwanda. . What types of economy are u talking about? go & check the citizens of Ethiopia becoming extremely poor and unable to feed themselves once a day. U have the right to go and check…I am not saying that the puppets who give services to fake prosperity government for their own advantages. They live a luxury lifestyle as long as they keep their puppetness promises to the fake government……

@Ademupdiahmedgmail

Land of begars

@U_Too

Western Countries Sponsor Mass Killings and Genocide.

@ermiasdesta2381

Too many Starbucks patriot here,WEREGNA BECHA

@MarniBabich

Your lessons are always interesting and informative. Thanks for making trading so fun!

@yabibal4788

Ethiopian Economy Free fall 😭😭😭😭
We are failed us a state 😭😭😭😭
coming soon will happen unrest …violence

@Abu-hafsua

This is not a step towards suability by any measure. The WB’s a new funding rather a sum of all WB’s current and future disbursements and new funding for the next 3 years. The new funding is 1.5 billion for this year.

@simonhabtom9780

Ethiopia bags 😆 . Land of bagers

@bugazi3037

Blame Protestant abiy

@ClemetLawrence

Ethiopia mine your gold ,gold is foreign exchange . Your gold shall make your currency strong .You don't have to borrow worthless paper . They are impoverishing African countries to get their resources cheap .

@adonayhadgu5403

Bloomberg should get a better Ethiopian correspondant. She was talking non-sense. 😂

@addiskebede-m7m

Shefafa betkikil tenageri wey atenageri

@sagittariusann1220

Congratulations to Ethiopia for receiving 20 billion waste paper

@oye4511

👍

@siriusman6169

This is bad news for ordinary Ethiopians because surely Austerity, Floating Currency and Subsidy removal would follow.

@ephremsolomon8435

The value of the Birr has plummeted so deep and fast that the majority of society may see a nightmarish kind of inflation, the government's decision is reckless and dangerous, and the entire economy might collapse.

@TheTellingU

Ethiopians are very lucky to have PM Abiy, a visionary leader. The economy will soon take off to be among the largest in the world….

@PeaceToAll5758

❤GOD BLESS ETHIOPIA 🇪🇹, THE LEADERS, THE DEFENSE FORCES AND THE PEOPLE ❤.

ETHIOPIA is shining

@abel2933

🟢🟢🟢 Pm Abiy didn't borrow for the country… International conflict is shaking his regime and he needs money to buy weapons. Simple as that we know the borrower is slave.

@TH-qk6ez

The man Abiy is busy building a fancy palace for himself and window dressing Addis Ababa…typical tyrant !!

@daytimefern8895

Well this wasn't very smart never deal with the imf they are dept trappers.

@CHRISTO_0101

⭐️👰🏼‍♀️👨🏻‍🎓👩🏼‍❤️‍💋‍👨🏼🏏🙏🏻😘😘🏠💝💝🕯️🥇🔑🥾🏠🦾🦾🦾🦾🦾