Ethiopian News, Current Affairs and Opinion Forum
DefendTheTruth
Senior Member
Posts: 12906
Joined: 08 Mar 2014, 16:32

The Endless Puzzle!

Post by DefendTheTruth » 01 Jul 2024, 05:03

A country that was unable to pay back its $33 M debt is now suddenly also in a position to lend over $ 738 M to others (over 22 fold of the alleged debt on itself).

How can that happen under the sky?

Only the useless mobs of this forum can explain this!

Misrag, Doma, Union, Right, Educator (confused) and the rest. Horsu exited to save his old and remaining teretteret to his credit!
The deal designates South Sudan as the borrower and Ethiopia as the financier, and the repayment involves crude oil from South Sudan to Ethiopia.
https://www.theeastafrican.co.ke/tea/bu ... ad-4673872

sesame
Member+
Posts: 7974
Joined: 28 Feb 2013, 17:55

Re: The Endless Puzzle!

Post by sesame » 01 Jul 2024, 06:08

Try to explain it yourself! Defaulting on interest payment means Ethiopia will not get further loans which it badly needs. The country is so broke that it cannot feed its university students, prison inmates and even soldiers. Yet you expect us to believe it has extra cash to loan $738 million to build 220kms road to connect South Sudan to Ethiopia. BTW, what kind of a road costs $3.3 million per km? This the kind of silly fake news that a failing regime releases when it wants to cheat its people.
Agreement was signed in May 2023!
:lol: :lol: :lol:

DefendTheTruth
Senior Member
Posts: 12906
Joined: 08 Mar 2014, 16:32

Re: The Endless Puzzle!

Post by DefendTheTruth » 01 Jul 2024, 06:47

You try to act to know many details of what you blabber, where and how much for which sector and many more details of what Ethiopia lacks but yet you can't put up a single source of your claims. A typical Shabo Syndrom (ShSy)!

Axumezana
Senior Member
Posts: 18497
Joined: 27 Jan 2020, 23:15

Re: The Endless Puzzle!

Post by Axumezana » 01 Jul 2024, 07:13

Tell the ascaris to mind their business! The profit from Ethiopian Airlines alone could fund such mega projects every year!

sesame
Member+
Posts: 7974
Joined: 28 Feb 2013, 17:55

Re: The Endless Puzzle!

Post by sesame » 01 Jul 2024, 07:13

Dtt,

You are a PP cadre and as such should be on top of what is happening inside the country!

:lol: :lol: :lol:


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