Ethiopia’s decision this week to float its currency unlocked more than $20 billion in financing from the World Bank and International Monetary Fund — money the government desperately needs to tackle the East African nation’s debt burden and open up the economy. Bloomberg’s Fasika Tadesse in Addis Ababa joins Jennifer Zabasajja on Bloomberg Africa Amplified to discuss why this may initially come at a price for citizens.
Watch the full episode: https://youtu.be/RbcLWkXuTFs
Sign up for the Next Africa newsletter, the ambitions of a continent of 1.3 billion — all in one place: https://bloom.bg/4aBkHtz
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News post in August 2, 2024, 12:04 pm.
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