Discussion on Devaluation and Beyond
Assegedech Mekonnen (September 2, 2014) -
My sincere thanks to our economists professors Teshome, Alemayehu and Hussein. They have started a very important discussion .
The Likely Outcome of a Birr Devaluation
Tsehai Alemayehu, Ph.D. 08-31-14 It appears that the Ethiopian authorities are at seriously considering the World Bank’s most recent advice to devalue the Birr. There are in fact indications that the decision to devalue might already...see also (PDF)
Egypt Opens Defense Office In Kampala
According to Colonel Ahmed Fahmy, Egypt’s military attaché to Uganda despite the fact that, the Defense office was opened in May this year; it was not cleared by the Foreign affairs ministry until this month....
The Renaissance of Ethiopia – a 2014 Visit
Professor Haggai Erlich Tel Aviv University Aug 21, 2014
For an historian of Ethiopia a visit in 2014 is an inspiring experience. I have frequented the country as of 1970, and it looks now moving forward like never before...
Tripartite meeting on Nile water agrees to conduct impact studies on Ethiopian dam
According to the joint statement read out by the Sudanese Minister Musa, the Ministers agreed to establish a committee to conduct the two additional studies recommended by the International Panel of Experts (IPoE). A proposed Tripartite National Committee (TNC) comprising four experts from each country will conduct the studies recommended...
Ethiopia considers devaluing currency
ETHIOPIA - Ethiopia says it’s considering the World Bank’s suggestion to devalue its currency, the Birr, but government says it want to minimize the impact on the wider economy....If this story holds true something is amiss. Never mind about the merit of such move now, but do authorities realize the effect such rumor will have on commerce and economic activities like remittance!