Abiy Ahmed proven to be unpopular? Aid only at 10 per cent, 2024

[datesfrompuntland]

Out of the US$3.2 billion needed for the 2024 Humanitarian Response Plan, only $287 million, just under 9%, is funded so far through the Plan. In February this year, a US$ 3.2 billion Humanitarian Response Plan was launched for the year 2024 to provide essential humanitarian assistance to millions of Ethiopians facing dire humanitarian crises. While launching the plan, Ethiopian Disaster Risk Management Commission (EDRMC) Commissioner Shiferaw Teklemariam said that the prolonged droughts and flooding as a result of climate change, coupled with ongoing security problems in various parts of Ethiopia have led to significant humanitarian needs. However, according to the UN, as of 23 April, only $287 million was funded through the Humanitarian Response Plan. Last week, a High-level Pledging Event held in Geneva to respond to the Humanitarian Situation in Ethiopia and was co-sponsored by the governments of Ethiopia, Britain and the United Nations received $630 million in pledges, $370 million short of the planned US$1 billion target
Source: Addis Standard

 

[Buddeh]

Jumping the gun and joining brics while they’re mired down in war, sanctions and other economic issues was not a bright idea.

 

[DivineMartial]

Jumping the gun and joining brics while they’re mired down in war, sanctions and other economic issues was not a bright idea.

Even amidst a war their economy seems to be doing well. Somalia doesn't even have its own currency

 

[Removed]

Even amidst a war their economy seems to be doing well. Somalia doesn't even have its own currencyView attachment 326608

The government is defaulting on its loan payments and the peoples income is being destroyed by inflation that is now nearing 30% and over 40% for food inflation.

Constant civil war in your most productive regions isn’t good for business.

 

[Burqad]

Even amidst a war their economy seems to be doing well. Somalia doesn't even have its own currency

Ethiopia’s economy is actually half the size they claim. The government measures using the official Birr to dollar while the actual birr is half the price.

 

[datesfrompuntland]

Even amidst a war their economy seems to be doing well. Somalia doesn't even have its own currencyView attachment 326608

A lot of the wealth is situated in the capital the regional areas are still under developed. Indonesia has that same metric in 2018 but was more developed and peaceful

 

[Flightboi]

Jumping the gun and joining brics while they’re mired down in war, sanctions and other economic issues was not a bright idea.

What about Egypt/UAE/Saudi? Are they also getting the same treatment for joining brics by USA or is it just Ethiopia?

 

[Buddeh]

What about Egypt/UAE/Saudi? Are they also getting the same treatment for joining brics by USA or is it just Ethiopia?

Saudi Arabia and to a lesser extent, the UAE, are in a much stronger position than ethiopia due to their oil reserves. They are major oil produces and therefore have the ability to negatively affect the price of commodities around the world. Egypt is too indebted to be a threat and the US isn’t bailing them out unless they accept refugees from Garza (essentially give Gaza to Israel for a bailout).

States that can leverage their strength (in the case of China it would be manufacturing, in the case of Russia and Saudi arabia it would be their massive daily oil output) against the US can maneuver freely in revisionist international organization that seek to undermine this unipolar order. Other States leveraging their large populations can do so to a lesser extent but they are vulnerable to sabotage.

 

[Burqad]

Saudi Arabia and to a lesser extent, the UAE, are in a much stronger position than ethiopia due to their oil reserves. They are major oil produces and therefore have the ability to negatively affect the price of commodities around the world. Egypt is too indebted to be a threat and the US isn’t bailing them out unless they accept refugees from Garza (essentially give Gaza to Israel for a bailout).

States that can leverage their strength (in the case of China it would be manufacturing, in the case of Russia and Saudi arabia it would be their massive daily oil output) against the US can maneuver freely in revisionist international organization that seek to undermine this unipolar order. Other States leveraging their large populations can do so to a lesser extent but they are vulnerable to sabotage.

Egypt’s actual finances are actually in good order, Sisi is just spending all of the disposable funds on stupid megaprojects.

 

[Flightboi]

Egypt’s actual finances are actually in good order, Sisi is just spending all of the disposable funds on stupid megaprojects.

That new capital city is very useful for sisi. It'll prevent another 2011 Egyptian Revolution from ever happening again.