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Ethiopia: Permanently in debt?

Categories: Sub-Saharan Africa, Ethiopia, Development, Economics & Business

Weichegud!ET comments on the waste of aid money to Ethiopia which has not alliviated poverty and the country is in the midst of yet another drought [1]. She asks why does Ethiopia want to be a “permanent welfare mother” “International aid comes with more strings attached to it than Donald Trump’s pre-nup. Debt canceling might seem like an achievement until you realize you have a lower credit rating and no sane institution will let you borrow money ever again”