Business

Ethiopian scholar warns country’s overstretched economy risks collapse

(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 initiatives. Our complete funding is 40 per cent of GDP. […]

Business

Ethiopian scholar warns country’s overstretched economy risks collapse

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

Business

Ethiopian scholar warns country’s overstretched economy risks collapse

ZeHabesha Newest Ethiopian Information Supplier (African Evaluate) — The Ethiopian authorities’s rising reliance on international loans is posing a critical threat of financial collapse, a paper introduced Friday by a famend native economist says. “Take for example China, which has loaned over $17 billion to the Ethiopian authorities for infrastructure tasks. Our complete funding is 40 […]