The Tigrean rulers of Ethiopia got forced to  devalue the countries currency, the birr, 10 percent against the dollar on July 10 after difficulty of obtaining foreign exchange led to shortages of imported goods such as auto parts and medical supplies.
The country’s official exchange rate fell to 12.444 against the dollar from 11.3247 on July 9, according to the Web site of the National Bank of Ethiopias  Rulers , the Bank of Tigrean Rulers.

The cash strapped Tigrean rulers who have been deceiving the Aiga forum herd that the country’s economy has been   growing by double digit bent over to the IMF seeking for loans to help the devastating economic downturn caused by the looters from Tigrai.

The recent admission of the gang leader Melese Zenawi that the the country was likely to devalue the birr as a condition of getting IMF financing tells a lot about the TPLF economic progress.

The Horn of Africa nation’s trade deficit was $4.5 billion last year, according to the World Bank.

For the TPLF and AIGA FORUM Herds, that deficit of AT LEAST $4.5 billion that been seen reported by the World Bank is considered a fabrication or a sign of economic growth.

The economic hyperinflation and stagantion under the TPLF (Tigrean looters)  has never been seen in Ethiopias history before.

The two digit economic growth the TPLF looters have been claiming for almost  two decades made  Addis Ababa the  city of darkness (City of Looters).

Under Melese Zenawi and his gang, Ethiopias children are able to eat by shift….That is the 11% economic growth by looters calculation……Where did Melese buy his online Economic degree……….?