- Category: Opride Contributors
This is part II of J. Bonsa's piece on devaluation of birr as a way to fix Ethiopia’s economic troubles. This section focuses on Ethiopia's trade data and highlights the implications of devaluation of the birr for import prices.
(OPride) — The infamous Addis Ababa master plan is back in the news. Oromo students gathered at various campuses around Oromia for scheduled indoctrination campaigns are asking authorities to table the master plan as one of the agenda items to be discussed during the meetings.
(OPride) — In a new report released last month, the World Bank recommended a 10 percent devaluation of the Ethiopian birr, saying depreciating birr can “increase export growth by more than 5 percentage points per year and increase economic growth by more than 2 percentage points.”