Ethiopia has announced that it wants 2 billion dollars loan from the international financial institution.
It has been said that if the negotiations between the country with the financial institution are successful, it will be possible to find a solution for the dollar shortage.
A team led by the finance minister Ahmed Shide is negotiating with the officials of the international finance institution in Washington.
If this negotiation that continues the relationship that was interrupted during the Northern War is successful, Ethiopia may get a loan of up to 4 billion dollars that will cover its budget deficit or the dollar deficit.
The fact that the debt pressure is high and the higher prerequisite that the financial institutions offer is not a barrier to the loan.
Predictions show that the country's budget deficit in the next three years will reach 6 billion dollars.
by Biruk Yared
2023-04-18
