Birdwatch Note Rating
2024-02-06 13:26:21 UTC - HELPFUL
Rated by Participant: 87137E79E85D3A3A0EC975E15BD6C252821EF5D8E8CF181333295FFEC34669CA
Participant Details
Original Note:
According to the IMF, Ethiopia's economy is expected to grow at 6.2% in 2024, not 7.9%, while the World Bank forecasts an even lower 5.8% Inflation is expected to be 20.7% in 2024. Ethiopia also defaulted on a Eurobond in 2023; these suggest fiscal and monetary stress. https://www.imf.org/en/Countries/ETH https://addisfortune.news/world-bank-paints-growth-portrait-for-ethiopia-agriculture-peace-on-canvas-2/ https://addisstandard.com/in-depth-ethiopias-bond-bust-a-decade-from-darling-to-default/ https://addisfortune.news/irrigation-projects-fall-short-as-drought-disarray-take-toll/
All Note Details