Woyane Drags Ethiopia to Economic Crisis
EastAFRO.com - April 11, 2008
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.
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