Ethiopia's total DEBT before Meshreft entered 4killo was 24 billion, it is now, injust 3 years, projected to to be 58 bi
Posted: 23 May 2021, 07:01
And, mind yo, if you consider the nearly 100% devaluation of the birr in the last 3 years, Ethiopia's external debt has virtually ballooned overnight, which is rarely seen in any country, specially when considering the fact no capital investment was done in the last 3 years. Making things worse is the recurrent expenditure has been out of control and sucking in every birr that used to go towards capital budget. Experts worry that the value of bi'rr will drop even further( 64 to A DOLLAR IN A YEAR) AND ETHIOPIA'S EXTERNAL DEPT WILL BECOME 65 BILLION BY 2021-20222. Crazy Ethiopian are allowing Meshrefet to destroy them because they are blinded by their Tigrephobia. On top of everything going terribly bad for the hapless country called Ethiopia, Meshrefet is throwing the lucrative Ethiopian companies weyane expanded and/or built from ground-up to the lowest bidders among the hungriest vulture capitalists.