ETHIOPIA: DEMONETISING THE ECONOMY AS EXPORTS DROP AND INSECURITY WORSENS

   Mon, 21 September 2020

Mounting insecurity and multiple constitutional crises, alongside weak export performance and foreign exchange shortages, are spiking inflation, particularly in Addis Ababa, which has forced the government to demonetise Ethiopia’s economy for the first time in two decades. The government’s divergent approach to the country’s political crises reveals its priorities and provide an outlook for eventual elections.

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