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Search results for birr

No. 4 Miami leans on QB Cam Ward to lead high-scoring offense into ACC test against Georgia Tech
1 month, 2 weeks ago

No. 4 Miami leans on QB Cam Ward to lead high-scoring offense into ACC test against Georgia Tech

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! Ward says having wide receiver Xavier Restrepo as his top target is a big reason Miami is on a path to the 12-team playoff as it prepares to play at Georgia Tech on Saturday. It really is.” Miami’s revenge tour Georgia Tech is one of three …

Georgia Florida Tech Miami Virginia Tech Hurricanes Season
Aidan Birr makes 44-yard field goal as time expires and Georgia Tech stuns No. 10 Florida State
3 months, 4 weeks ago

Aidan Birr makes 44-yard field goal as time expires and Georgia Tech stuns No. 10 Florida State

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! DUBLIN — Avery Boyd, Chase Lane and Malik Rutherford stepped in front of their Georgia Tech teammates, who were passing around the Aer Lingus College Football Classic trophy, and decided to let loose. Aidan Birr made a 44-yard field goal as time expired, and Georgia Tech …

Football Florida Tech Game College Yards Georgia Tech
Why Ethiopia Ended Half a Century of Currency Control
4 months, 1 week ago

Why Ethiopia Ended Half a Century of Currency Control

Bloomberg  

For the past half-century, Ethiopia tightly controlled the official value of its currency, the birr. The decision, which followed similar moves by Egypt and Nigeria, allowed the Horn of Africa nation to clinch $3.4 billion from the International Monetary Fund and a further $16.6 billion from the World Bank. The government borrowed heavily during more than a decade of low …

Ethiopia
Ethiopia receives IMF relief after easing forex curbs
4 months, 3 weeks ago

Ethiopia receives IMF relief after easing forex curbs

The Hindu  

Cash-strapped ased foreign exchange curbs on Monday as part of a broad economic reform package as the International Monetary Fund approved a loan to the Horn of Africa nation seeking a multibillion-dollar bailout. “This a landmark moment for Ethiopia” and the loan is a testament to the country’s “strong commitment to transformative reforms”, IMF Managing Director Kristalina Georgieva said in …

Market Bank Foreign Imf Ethiopia Nbe
World Bank approves $1 billion in financing for Ethiopia
4 months, 3 weeks ago

World Bank approves $1 billion in financing for Ethiopia

Hindustan Times  

July 30 - The World Bank said on Tuesday its board had approved a $1 billion credit for Ethiopia, as the Horn of Africa country tries to push ahead with a long-running debt restructuring. World Bank approves $1 billion in financing for Ethiopia Africa's second-most populous country after Nigeria secured a four-year, $3.4 billion programme from the International Monetary Fund …

World Bank Debt World Bank Billion Ethiopia
Ethiopia’s currency dives by 30% as IMF-backed reforms to stabilize the economy take effect
4 months, 3 weeks ago

Ethiopia’s currency dives by 30% as IMF-backed reforms to stabilize the economy take effect

Associated Press  

ADDIS ABABA, Ethiopia — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy. Mamo Mihretu, governor of the National Bank of Ethiopia, said in a televised address Monday that the …

Market Reforms Currency Rate Ethiopia Exchange Addis