Tag Archives: Christine Lagarde

Ethiopia: Hard currency crunch harming economy as IMF chief schedules visits

by Engidu Woldie ESAT News (December 7, 2017) Shortage of foreign currency, dwindling export trade and foreign investment are having a crippling effect on the country’s economy at a time when IMF’s director is expected to pay a working visit to Ethiopia. According to a well-placed source, the foreign currency reserve in the coffers is only about 700 million dollars ...

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