Tag: IMF
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The Debt-Free Illusion: Rethinking Eritrea’s Economic Self-Reliance
“The myth of Eritrean self-reliance… has helped justify authoritarianism, isolation, and indefinite national service.”
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PM Abiy’s Mama Economy
Recently, Ethiopia relaxed currency controls and restrictions as per the recommendations of the IMF, which provided it with a generous credit line. Theoretically, it’s a loan even if Abiy Ahmed, the prime minister, insinuates otherwise. He said that borrowing from the IMF is like “borrowing from your mother!” However, many countries, including Egypt and Kenya,
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Is Eritrea’s Economy Vibrant?
Gerghis Drar’s is an Eritrean who presents basic financial tutorials—stock market, retail consumer financing, investments, debts, and politics. That caught my attention and I have been following him for a while. A few months ago, when the PFDJ propaganda started to proliferate aggressively, I thought it was time to confront the misleading propaganda with facts—a
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Prime Minister Abiy’s Call Triggers Cautious Optimism
In our editorial published a month ago (1), we reiterated our long-standing position on the need for an end to the hostility between Eritrea and Ethiopia. We also hoped Isaias Afwerki would reconsider PM Abiy Ahmed’s proffer for peace rather than take a dismissive position as stated by his spokesperson tweeting the “ball is in your