Business

Ethiopian scholar warns country’s overstretched economy risks collapse

seber zena Newest Ethiopian Information Supplier (African Overview) — The Ethiopian authorities’s rising reliance on overseas loans is posing a critical threat of financial collapse, a paper offered Friday by a famend native economist says. “Take as an illustration China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure tasks. Our complete funding […]

Business

Ethiopian scholar warns country’s overstretched economy risks collapse

(African Evaluation) — The Ethiopian authorities’s rising reliance on overseas loans is posing a severe threat of financial collapse, a paper offered Friday by a famend native economist says. “Take as an example China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure tasks. Our complete funding is 40 per cent of GDP. […]

Business

IMF warns the global economy is “highly vulnerable” | BBC

seberzena Newest Ethiopian Information Supplier (BBC)  The Worldwide Financial Fund (IMF) has mentioned the worldwide economic system has weakened additional and warned it was “extremely weak to opposed shocks”. It mentioned the weakening had come “amid rising monetary turbulence and falling asset costs”. The IMF’s report comes earlier than the assembly of G20 finance ministers and […]

Business

IMF warns the global economy is “highly vulnerable” | BBC

(BBC)  The Worldwide Financial Fund (IMF) has mentioned the worldwide economic system has weakened additional and warned it was “extremely susceptible to opposed shocks”. It mentioned the weakening had come “amid rising monetary turbulence and falling asset costs”. The IMF’s report comes earlier than the assembly of G20 finance ministers and central financial institution governors in […]