Our donkey burst out laughing as it watch Meles's ....

While teetering on the verge of collapse, the TPLF regime has dragged down Ethiopia into a grave economic crisis. As can be recalled, the TPLF has been trying to deceive people and cover up the reality on the ground by making false claims of 10% economic growth. However, lies can never provide a way out in the long run and hence the Prime Ministry of the clique has been compelled to admit before parliament the serious economic problems facing the country. A 30% inflation rate notwithstanding, the TPLF has been forced to cut down electricity and water supply in the capital Addis Ababa to a bare minimum. Moreover, the regime has issued a regulation that all food items be sold in the Hibret Su'k only. It has also warned of an extensive search and possible arrest of local businessmen. The regime is now rushing about to take measures that should have been taken long before the economy receded to such a drastic state. Moreover, as economic experts indicate, it will take more than the TPLF regime's futile and last minute attempts to revive the economic depression in Ethiopia.

Endowed with extensive fertile lands and various big rivers, Ethiopia is a nation that possesses abundant natural resources. However, as a result of the famine that claimed the lives of thousands during the Haile Selassie regime and the anarchy in the days of the Derg's rule, which ensued in the death of more than one million civilians, Ethiopia is always cited as the prime example whenever issues of famine and drought are raised. Ethiopia's economic slack further deteriorated after the TPLF regime came to power and has now become the very image of poverty and backwardness. Being one of the four nations in the world that receive the highest amount of food aid annually, Ethiopia under the TPLF regime has not only degraded its own dignity but that of the entire African continent as well. But even after receiving such extensive aid, nothing has changed for the Ethiopian people. More than half of the country's population still lives in poverty. The only thing that has changed is the TPLF regime's status of becoming the number one servant agent in the Horn region. Furthermore, according to media outlets, more than nine million Ethiopians are suffering from famine.

As is generally known, Ethiopia received more than 25 billion dollars in grants for development and another 10 billion dollars in loan during the TPLF rule; it is not difficult to guess to what purpose this massive amount of money has been employed—obviously war and corruption. The kind of muddled administration and rampant corruption that has developed throughout Ethiopia under the rule of the deplorable and discredited TPLF leaders is beyond comparison. Consequently, Ethiopia, long since an image of poverty and backwardness, is one of the 49 poorest countries in the world and ranks last in human development. If there is a country in the world that cannot survive even for a single day without food aid, it is Ethiopia. Taking a loan amounting to one billion dollars every year and 70% of its annual budget being covered through aid, Ethiopia is surviving on a day-to-day basis. As a general rule, people living under an income of less than 90 dollars a year are considered to be living below the poverty line.

Category:

News & Politics

Tags:

• ethiopia
• eritrea
• oromia
• ogadenia
• sudan
• somalia
• djibouti
• kenya
• economy
• meles
• zenawi
• tigray
• agame
• hasas
• qomal
• tekuan

[peace2horn]

Joke of the Day!!

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Ethiopia: Leading African country in eradicating malaria April 20, 2008

(walta inf. center)

Ethiopia has been rated as the most successful African country in reducing malaria, according to the Ministry of Health.

[peace754]

Happy May 24 for All Eritreans!!

Eritrea is rising against all Odds!

We are few in number but we were able stand the aggression of minority leaderships of agame and thier masters(US).

[Ultimateviewer134]

@Eyaasu how about China's economic growth

[Eyaasu]

Economic growth with out freedom means , , , nothing.

[hollymatterson]

I'm pissed that the aid money we send is diverted to developing Eurotrash housing for the bourgeoisie in the capital Addis Ababa. While not directly being diverted though, the reason the government gets aid money is because they blow their entire budget on financing shit like mansions and luxury hotels. Then after that don't have enough money to feed the starving people. I think the first world governments need to audit countries like these that receive aid money.

[fmoham01]

Everyone in ethiopia > Amhara

[koeddk]

HAHAHA xD

[SuperMusa1234]

hahaha fucking Meles's bigst criminal on the world today

[Slappingplastic]

Knob...stfu douche

[Slappingplastic]

lol?

[KashaCandy]

I used to go on vacation to Haiti sometimes (dont listen to everything you here about over there, it's beautiful in some places) and one time this donkey kept coming over and sticking his head in my window and kept hee-hawing in my window. They are sooo loud. I wanted to kill that thing.