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IMF: Ethiopia Nee! – Egypt Yeah!

Posted by addisethiopia on October 21, 2012

 

Ethiopians, solely Ethiopians are helping  to build the future of their country by contributing to the realization of the Grand Renaissance Dam project which is expected to cost around US$4.7 billion – the IMF, the world Bank and other Western bodies rather prefer to go on with their century-old bias against Ethiopia.

A couple of weeks ago the IMF practically told Ethiopia to stop the Nile Dam Project. On the other hand, IMF now considers  loaning $4.8 billion to Muslim Brotherhood’s Egypt.

I always ask myself – – when international organizations like the World Bank and IMF try to have such widespread influence and control – could countries like Ethiopia exercise any economic independence at all?

How long do they keep making the same old mistakes ignoring all those historical warnings?

As one wonderful Ethiopian observer once said: “Failure by masters of this world to heed to those warnings or, in defiance of them, to continue to engage in participating in the conspiracies of Ethiopia’s sacrilege or destruction in any way by any nations or group of nations, secular or religious, will surely result in committing the perpetrators themselves to another destruction of unprecedented nature and magnitude.”

Continue reading…

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One Response to “IMF: Ethiopia Nee! – Egypt Yeah!”

  1. Everything is very open with a clear explanation
    of the challenges. It was truly informative. Your site is extremely helpful.

    Thanks for sharing!

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