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COVID, conflict and debt hinder Ethiopia s economic reforms By AFP - Jun 16,2021 - Last updated at Jun 16,2021 By Marion Douet Agence France-Presse NAIROBI Shortly after taking office, Prime Minister Abiy Ahmed promised a spectacular overhaul of Ethiopia s tightly-controlled economy: Reforms to spur growth, unshackle the country s potential, and lift millions out of poverty. But three years on, with elections on June 21, Abiy s agenda remains largely unrealised, and the country burdened with debt, the economic pain of the coronavirus, and a costly war in Tigray. Things are worse now. The country is broke and on the verge of defaulting, said one European diplomat, who asked not to be named.

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