How the institution of Britten Wood keeps a dead regime alive …

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IMF commits crime against Humanity  by keeping Woyane regime  in Comma by prolonging   Ethiopians agony.

Woyane owns s the IMF not Ethiopia in 17 years from December  1992  to September 30 2009  the sum of   106,960,000 SDR Now is asking the sum of SDR 153.755 million (about USD 240 million) which is more than  the sum its has sepnt in the last 17 years.

IMF committing  crime against humanity  by keeping a regime in comma for almost two decades in  power in Ethiopia. IMF shares the responsibility for starving  and killing Ethiopians  by directly financing  a regime  responsible for genocide and ethnic cleansing. Recently IMF  has been duped to believe and recognize the economic performance of  Woyane regime in Addis Ababa .  They believed the following Woyane conclusion being acceptable  it reads in the following wise : CONCLUSION “Ethiopia remains at moderate risk of debt distress, though the level of risk is higher now than a year ago. This assessment highlights the importance for Ethiopia of keeping a close tab on debt vulnerabilities and of making every effort to secure grant and concessional financing for its ambitious public enterprise investment plans. At the same time, there is considerable scope to attract large FDI and increase export growth by means of structural reforms. In addition, emphasis should be placed on strengthening debt management capacity as well as sharing detailed information on future borrowings—both external and domestic—with relevant stakeholders, such as the IMF and the Bank. Finally, given the size of borrowing by public enterprises, it is imperative to expand the current debt strategy and monitoring exercise to include the largest public enterprises and assess potential contingent liabilities. ” A complete manuplation of  Woyane just to get money from IMF for their structural adjustment of Woyane which means throwing out of job the opposition and  to use it as an arm of  Ethnic purification by starving the un wanted population.” “—————-  ———- bbbbbbbbbbbbbb bbbbbbbbbbbb

The “Ethiopian” Sham full  beggar  continues to make money on the name development listen to this  shame letter

THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

LETTER OF INTENT

Addis Ababa, August 7, 2009

Mr. Dominique Strauss-Kahn

Managing Director

International Monetary Fund

700 19th

Street, N.W.

Washington, D.C. 20431

U.S.A.

Dear Mr. Strauss-Kahn: The government of Ethiopia requests support from the International Monetary Fund (IMF) for its 2009/10 economic program through a 14-month arrangement under the High-Access Component of the Exogenous Shocks Facility (ESF). We request access of 115 percent of quota, the equivalent of SDR 153.755 million (about USD 240 million). Macroeconomic performance has improved substantially under the policy package supported by the IMF with a drawing under the Rapid Access Component of the ESF, approved by the IMF Executive Board in January 2009. Given the still-low level of foreign exchange reserves, the requested arrangement will greatly assist with our efforts to steer the Ethiopian economy through the global economic crisis, sending a positive signal to domestic stakeholders and our development partners about our resolve to maintain a stable macroeconomic environment. In the attached Memorandum of Economic and Financial Policies (MEFP), we describe policy implementation in 2008/09 and set out our macroeconomic objectives and policies for 2009/10. Our program focuses on entrenching low inflation and building international reserves through appropriately tight fiscal and monetary policies supported by the necessary exchange rate flexibility. We also intend to enhance monitoring and control of borrowings by the public enterprise sector, develop the central bank’s liquidity forecasting and control capacity, and flesh out, with IMF technical assistance, a comprehensive time-bound tax reform strategy to improve domestic revenue mobilization. The MEFP and Technical Memorandum of Understanding (TMU) present quantitative performance criteria and indicative targets as well as structural benchmarks through the period of the arrangement. We believe that the policies set forth in the MEFP are adequate to achieve the objectives of the program, but we will take additional measures as needed to reach these goals. We will consult with IMF staff on the adoption of these measures, and in advance of revisions to the policies contained in the MEFP, in accordance with the agreed IMF policies on such consultation. The government of Ethiopia authorizes the IMF to publish the contents of this letter, and the attached MEFP and TMU, on its website after consideration of our request by the Executive Board. Sincerely yours, Sufian Ahmed        Teklewold Atnafu Minister        Governor The Ministry of Finance and Economic Development  The National Bank of Ethiopia mmmmmmmmmmm mmmmmmmmmmmmmm

The Ethiopian debt has raised to 160,960 million now he is asking for more of  153,755 million

The SDR is an international reserve asset created by the IMF in 1969 and serves as its unit of account. The currency value of the SDR is determined by summing the values in U.S. dollars of a basket of major currencies.

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