Thursday, December 29, 2005

Donors to withhold $375 mln from Ethiopia

.
Will Ethiopia find a way to find other creative ways to recover this money? How?
The sum was for direct budgetary support to the gov't and will be routed via other organization in order to reach the population. Will this just enrich the employees of the NGOs and other groups that will receive the amount ? How will they channel this money to have a positive effects on the lives of the poor?

How will the gov't supplement the dip in its budget due to this withholding? What are the options?
- Maybe increase the level ofeconomical relationships it has with China, Brazil, Venezuela and othet non-western counties that have the capacity to replace the role the west played?
- Intensify the already increasing FDI and privatization phenomenon?
- Collect taxes in very efficient ways?
- Work even harder to increase the amount of exports?
- etc...

If the above alternatives and much more, some of which are new and others existing, are successfull, this whole measure by the west might just be a blessing in disguise.

We will just have to wait and see.

for more: http://www.alertnet.org/thenews/newsdesk/L2943431.htm

0 Comments:

Post a Comment

<< Home