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Digital Weyane
- Member+
- Posts: 9820
- Joined: 19 Jun 2019, 21:45
Re: IMF and Ethiopia agree on a US$2.9 billion financing package
ከ2.9 ቢልዮኑ ሱንት ቢልዮን ያህል ነው ሎኛ ወያኔ ኡንዲሰጠን የታቀደው? ለቡዙ ወራት ደሞዎዝ ያልተከልፈላቸው ወያኔ የሥራ ባልደረቦቼ ስላሉ ነው ጡያቄው የጦየቅኩት።
አመሰግናለሁ።
አመሰግናለሁ።
Re: IMF and Ethiopia agree on a US$2.9 billion financing package
How Ethiopia convinced IMF.
Re: IMF and Ethiopia agree on a US$2.9 billion financing package
IMF is the last resort for poor countries to get loan from and 99% of the time those countries are not doing well as a result of the 'conditions' set by the lender.All countries that are involved with IMF have accumulated debt that can never be repaid, so IMF will offer a debt repayment loan to settle the debt, but a debt repayment loan doesn't solve anything, it only adds more debt. The IMF is a loan shark, that's why progressive Asian countries like Singapore, South Korea stay away from.
Last edited by Tiago on 31 Dec 2019, 19:49, edited 2 times in total.
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Bete Gojjam
- Member
- Posts: 1042
- Joined: 02 Nov 2019, 03:48
Re: IMF and Ethiopia agree on a US$2.9 billion financing package
RIP this is why I am saying Amhara should declare independence from abiys 50Billion debted empire
Re: IMF and Ethiopia agree on a US$2.9 billion financing package
IMF decisions are determined by the following criteria:
avoid shoring up self-reliant models.
provide funding to large-scale projects (WB) or policies (IMF) enabling the major industrialised countries to increase exports.
refuse to help regimes seen as a threat by the United States government or other important shareholders.
support pro-western dictators and corrupt governments.
attempt to modify the policies of certain governments.
avoid shoring up self-reliant models.
provide funding to large-scale projects (WB) or policies (IMF) enabling the major industrialised countries to increase exports.
refuse to help regimes seen as a threat by the United States government or other important shareholders.
support pro-western dictators and corrupt governments.
attempt to modify the policies of certain governments.