Breakingviews – Ethiopia piles war risk on shaky economy

Breakingviews – Ethiopia piles war risk on shaky economy

“Another risk is the reaction from donors such as the World Bank. Aid made up nearly a quarter of government revenue last year, according to South African consultancy NKC. If funding is withdrawn because of the conflict, the budget deficit would balloon to over 30% of GDP, even before taking into account any extra military spending.”

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