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News: ‘People earning wages in #birr saw their incomes decimated’: Former WB president says #Ethiopia’s currency reforms deepened poverty
Former #World_Bank President David Malpass has said that Ethiopia's currency devaluations and exchange-rate reforms have significantly worsened poverty, saying people paid in birr “saw their incomes decimated” while a narrow group benefited from privileged access to foreign exchange and local-currency loans.
Using Ethiopia as one of his principal case studies in his policy research paper presented at Stanley Fischer Memorial Lecture: Public Debt and Central Banks, Policy Research Working Paper Malpass described the country as possessing “huge growth potential,” citing its agricultural land, natural resources, water, favorable climate and “raw human talent.” He noted that the World Bank has financed about 200 projects in Ethiopia, with 43 still ongoing, but said the country's per capita income remains around USD 1,100, making it “one of the world's poorest countries.”
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@eyobderrick @ethiotelecom it's everywhere sometimes I try to explain and introduce as there is a means called merchants QR code for any trader to apply and get it from @ethiotelecom so that the payer will very easy whereas the buyer will pay very easily and without service charge
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tired of asking phone numbers in taxi to pay with telebirr so i get back to paying with cash
any better solution for this @ethiotelecom ?
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@Aminiyo3 the lunch doesn't goes with the phone next to it so please either change ur phone that's matching with ur lunch or vice versa😜
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Export Ethchi retweetledi
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My video fluoroscopy results are back. My swallowing function remains severely impaired with no clinical improvement. I remain at very high risk of aspiration which could result in severe aspiration pneumonia and be life-ending. Oral intake is no longer safe and cannot be compensated for by diet modification or swallowing strategies. 6 months of photobiomodulation has made no impact. That's the reality. Not the one I wanted, but the one I have. I can't change the report but I can choose how I respond to it. I'll accept what I can't change, keep fighting where I can, and carry on.

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