Amanuel Biede
i am economist .. i can fix this problem with in second ..
Ethiopia import 17 billion and export 3 billion dollar .. this can be fixed easy..
for example u got fired from a job u make 3000 birr and your living cost was 17,000 birr what u do .. the first thing u do is see what u spend 17.000 birr
if u go out for dinner u stop going out
u stop paying for hair cut , u do it yourself.
like this u will see your expenses one by one and cut it off one by one
cable gone
expansive phone package gone
expansive cloth and shoe gone
expansive car gone
u see how it is very simple to cut your expanses and live with your means..
in Ethiopia case here r few high ticket item that we can cancel and save billion
for example edible oil why export edible oil seed and import edible oil
why export fruit and import fruit juice
Ethiopia import oil for transpiration all car could have been converted to electric car..
like this we can reduce our import big time
i hope u r an Ethiopian who really love mama Ethiopia to rise this question and the expert economist answered your question