Addis Ababa (HAN) December 29, 2017 – Public Diplomacy & Regional Financial Security for Stability. Opinion by: Tedros Getachu. The IMF and World Bank was established to extend colonial heritage of the west world after decolonization of Afrika and other third world countries. Their main objective was to extend direct control of economic and financial policy of the third world countries. The purpose of the visit was how to save IMF debt service as the result of Ethiopia’s deficit in foreign exchange. If the borrow more money they may save he regime for short time, otherwise they lose their money. It has been a year of deadly demonstrations and ethnic skirmishes in Ethiopia, making 2017 a tough year for the country.Hundreds of people were killed in clashes between residents of Oromo and Somali region in the eastern part of Ethiopia where the Federal government imposed a state of emergency.
According to the Article “IMF Chief Christine Lagarde’s venture to wonderland Ethiopia: why now?”
The managing Director of the International Monetary Fund (IMF) arrived in Addis Ababa on a rare official visit to Ethiopia. The trip was significant for many reasons but most importantly for how and when it took place.
The IMF Director’s Ethiopia visit calls to mind the classic novel – Alice in Wonderland!
Alice’s adventure began when she curiously followed a white rabbit and plunged through a
rabbit hole to a fantasy world populated with peculiar anthropomorphic creatures.
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