Tag Archives: currency

Ethiopia: Specter of economic crisis looms large due to forex crunch

by Engidu Woldie ESAT News (June 11, 2018) The effect of Ethiopia’s foreign currency crunch is beginning to show signs of an impending economic crisis that could lead to a serious socio-economic catastrophe unless an immediate fix is sought to address the issue, the Finance Minister told Parliament.   Presenting the country’s budget to the Parliament, the Minister of Finance ...

Read More »