Ethiopia economy have collapsed Allhamdu lilah

[Nin123]

This is the lates imf gdp numbers for Ethiopia showing how fake their economy was now from 200 billion in 2023 to 120 in 2024 to 120 or even less in 2025

https://www.imf.org/external/datamapper/profile/ETH

 

[Zak12]

And there were some who claimed Ethiopia will become the next Egypt looool. They won't even reach Nigeria's level.

Ethiopia was always a paper tiger

 

[Kisame]

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[Chaseyourdreamzz]

The finance minister of Ethiopia is somali he probably receive most of the blame

 

[Basra]

 

[Idilinaa]

Ethiopia is practically a collapsed state and it's economy is not even functional

And there were some who claimed Ethiopia will become the next Egypt looool. They won't even reach Nigeria's level.

Ethiopia was always a paper tiger

Nigeria is also a tanking economy, some observers have noticed that they have a lower GDP Per capita than 2004.

x.com

x.com

 

[Idilinaa]

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It's because of Ethiopia and their western/zionist enablers that the region is like this.
It's not Eritrea and Somalia that's at fault. If Somalia was at the helm, with a locally derived government it would usher into wealth and prosperity.

By Bantu you mean other African nations, they are just as broke if not even broker than Somalia and Ethiopia believe it or not .

Kenya has the highest debt , with a 70% debt to GDP ratio in the continent.

Kenya will likely default on its debt they can't afford to pay back.

Kenya has the highest debt in East Africa, with a 70% debt-to-GDP ratio. They are unable to repay the debt, and they rejected the new finance bill 2024, which called for their government to tax the people excessively in order to payback their debt. As a result, they will probably default, which...

www.somalispot.com

They like other African countries like Ghana continue to default o debt payments, which shows how broke they are and the inability to repay their loans.

 

[Zak12]

It's because of Ethiopia and their western/zionist enablers that the region is like this.
It's not Eritrea and Somalia that's at fault. If Somalia was at the helm, with a locally derived government it would usher into wealth and prosperity.

By Bantu you mean other African nations, they are just as broke if not even broker than Somalia and Ethiopia believe it or not .

Kenya has the highest debt , with a 70% debt to GDP ratio in the continent.

Kenya will likely default on its debt they can't afford to pay back.

Kenya has the highest debt in East Africa, with a 70% debt-to-GDP ratio. They are unable to repay the debt, and they rejected the new finance bill 2024, which called for their government to tax the people excessively in order to payback their debt. As a result, they will probably default, which...

www.somalispot.com

They like other African countries like Ghana continue to default o debt payments, which shows how broke they are and the inability to repay their loans.

As long as their GDP growth rate is okay I don't think debt will be a huge issue for them. Countries like Egypt and even the United States have debts that dwarf any African country.

Somalia thankfully doesn't have debt issues but its still plagued by low GDP/per capita growth.

 

[Idilinaa]

As long as their GDP growth rate is okay I don't think debt will be a huge issue for them. Countries like Egypt and even the United States have debts that dwarf any African country.

Somalia thankfully doesn't have debt issues but its still plagued by low GDP/per capita growth.

United states debts cannot be compared to African debt. Because US debt is in US Dollars, so they don't have to pay it, they just print more of it. Africans need to earn enough USD to repay that debt.



The clearing of debt was the sole milestone victory for us really.

 

[NidarNidar]

United states debts cannot be compared to African debt. Because US debt is in US Dollars, so they don't have to pay it, they just print more of it. Africans need to earn enough USD to repay that debt.



The clearing of debt was the sole milestone victory for us really.

Debt is a tool to keep African countries in a subservient position. They don't want African countries to be self-sufficient, which is one of the main reasons why the Sahel states are moving to the Brics sphere of influence, which paints a target on your back.

Somalia is in a unique position, we are debt-free, if we can develop our petroleum industry, reduce corruption, get the FMS in line, get rid of 4.5 system, over the next 20-30 years, if we invest in education and infrastructure, will be in line with the NA economies.

 

[Nin123]

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This guy is not Somali but Ethiopian gaal

 

[NordicSomali]

Ethiopia could collapse, it’s facing infighting and fragmentation and there’s Somalia, Eritrea and Egypt opposing Ethiopian power display.

I’m not so sure about who benefits from Ethiopia collapsing because it’s going to be chaotic.

 

[Midas]

Debt is a tool to keep African countries in a subservient position. They don't want African countries to be self-sufficient, which is one of the main reasons why the Sahel states are moving to the Brics sphere of influence, which paints a target on your back.

Somalia is in a unique position, we are debt-free, if we can develop our petroleum industry, reduce corruption, get the FMS in line, get rid of 4.5 system, over the next 20-30 years, if we invest in education and infrastructure, will be in line with the NA economies.

Not gonna lie it was never intended to keep them subservient. The bitter truth is that african elites are just incompetent. In the late 90s and early 2000s a bunch of initiatives were started that have led to over 100 billion dollars in debt forgiveness. But the real crushing reality is that africa has just fallen even more behind in the last 30 years.
If you look at Southeast asia, which was the poorest region after africa . They had about 40% of the pouplation in poverty in 1990 compared to africa, which had 50% . Somewhat better but basically the same. Now 30 years later it's like 5-8% in southeast asian while in africa it's like 40 something percent.

 

[NidarNidar]

Not gonna lie it was never intended to keep them subservient. The bitter truth is that african elites are just incompetent. In the late 90s and early 2000s a bunch of initiatives were started that have led to over 100 billion dollars in debt forgiveness. But the real crushing reality is that africa has just fallen even more behind in the last 30 years.
If you look at Southeast asia, which was the poorest region after africa . They had about 40% of the pouplation in poverty in 1990 compared to africa, which had 50% . Somewhat better but basically the same. Now 30 years later it's like 5-8% in southeast asian while in africa it's like 40 something percent.

Anyone that goes against the status quo gets killed/replaced only a few have gotten away with it, eg. Iran and they've been enemy #1 for America for 40+ years, look at what happened to Gadafi after Libya's disarmament.

South Asia has no resources that the West needs, countries like S Korea and Japan took advantage of America's need to counter communism SEA and grew their economies to the point they might rival America in the future, then they got snuffed, and their population is in decline due to these extreme measures they took to grow economically but not culturally.

 

[Nin123]

United states debts cannot be compared to African debt. Because US debt is in US Dollars, so they don't have to pay it, they just print more of it. Africans need to earn enough USD to repay that debt.



The clearing of debt was the sole milestone victory for us really.

Wouldn’t this cause huge inflation for printing a lot of money?

 

[CABDULWALI XASAN.]

The finance minister of Ethiopia is somali he probably receive most of the blame

Not gonna lie it was never intended to keep them subservient. The bitter truth is that african elites are just incompetent. In the late 90s and early 2000s a bunch of initiatives were started that have led to over 100 billion dollars in debt forgiveness. But the real crushing reality is that africa has just fallen even more behind in the last 30 years.
If you look at Southeast asia, which was the poorest region after africa . They had about 40% of the pouplation in poverty in 1990 compared to africa, which had 50% . Somewhat better but basically the same. Now 30 years later it's like 5-8% in southeast asian while in africa it's like 40 something percent.

I disagree with you , They know the african elites are incompetent and they give them loans to keep them down. There always has to be poor peripheral countries to exploit

 

[Midas]

I disagree with you , They know the african elites are incompetent and they give them loans to keep them down. There always has to be poor peripheral countries to exploit

Nah they actually do want africa to develop. Africa right now is basically useless to the west. The west don't need resources what they really want is countries with cheap labor so they can move their manufacturing there . So they don't have to be reliant on china.

 

[Midas]

I disagree with you , They know the african elites are incompetent and they give them loans to keep them down. There always has to be poor peripheral countries to exploit

I said the elites but I also low-key meant the society. The people themselves don't want to do any local initiatives.

 

[CABDULWALI XASAN.]

Nah they actually do want africa to develop. Africa right now is basically useless to the west. The west don't need resources what they really want is countries with cheap labor so they can move their manufacturing there . So they don't have to be reliant on china.

Its not useless, their resource producing regions and places to get more workforce (immigrants and braindrain with skilled immigrants)

Its always said that the west is to reliant on china, but you guys leave out the fact that China is reliant on the USA and the west. They balance each other out with tariffs.

They do need resources though even if their moving the place they manufacture bring it to support a higher quality of living, their still the end destination for the resource.

 

[Midas]

Its not useless, their resource producing regions and places to get more workforce (immigrants and braindrain with skilled immigrants)

Its always said that the west is to reliant on china, but you guys leave out the fact that China is reliant on the USA and the west. They balance each other out with tariffs.

They do need resources though even if their moving the place they manufacture bring it to support a higher quality of living, their still the end destination for the resource.

Resources are ultimately of limited value if you can't turn then into finished goods. For that you need labor that's cheap enough. Yes theyre reliant on each other but they also are in a trade war . Everybody is looking for cheap labor Even china that's why they've started moving their factories to southeast asia. Bringing immigrants to your country means paying them the wage that's normal in your country. Versus creating factories in their countries where you can play them low wages the choice is obvious.
Also there are very few skilled immigrants in africa. America has the latinos for the low skilled labor. Europeans woukd rather bring over the Indians for labor instead of africans.