Business, Economy, Investment, Growth.

Tag Archive for: Economy

, , ,

World Bank concerns about ‘unrest in Ethiopia’

Anadolu Agency | It would engage with relevant officials ‘to safeguard the rights and interests of all Ethiopians,’ says World Bank Group- The World Bank Group (WBG) on Friday expressed “great concern” about unrest in Ethiopia, saying…
, , ,

S&P joins Fitch in downgrade of Ethiopia on potential debt restructuring

(Reuters) - S&P Global Ratings on Friday downgraded Ethiopia’s long-term foreign and local currency sovereign credit ratings to ‘B-’ from ‘B’ on potential debt restructuring, announcing the move days after Fitch Ratings downgraded…
, , ,

Ethiopia in debt restructuring, downgrade after printing money, despite low deficit

ECONOMYNEXT – Ethiopia had been downgraded to ‘CCC’ from ‘B’ by Fitch Ratings after it applied for ‘Paris Club’ debt relief having printing money through central bank advances, despite relatively low government debt and a budget…
, , ,

Ethiopia dollar bonds drop after Fitch downgrade

NASDAQ | Ethiopia's sovereign dollar bonds dropped nearly 2 cents after Fitch downgraded the country to CCC, citing the government's plan to make use of the new G20 common framework to overhaul its debt burden. The country's outstanding 2024…
, , ,

Desert Locust situation update 4 February 2021 – FAO

FAO | Numerous immature swarms persist in southern Ethiopia and Kenya. There has been increased swarm movement in Oromia (East Harerge, Bale, Borema, Arsi) and SNNP (South Omo) regions of the south. The few swarms that moved to northern Ethiopia (Afar…