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Prime minister: Ethiopia hoping for $10.5 billion financial aid in coming years
Addis Ababa — Ethiopian Prime Minister Abiy Ahmed said on Thursday he was expecting about $10.5 billion in financial aid in the coming years once the country wraps up negotiations with international lending institutions.
Africa's second most populous nation, battered in recent years by several armed conflicts, the COVID pandemic, and climate shocks, has been engaged in drawn-out talks seeking to secure a support program from the International Monetary Fund (IMF).
There has been speculation that Ethiopia may have to devalue its currency...