nazret.com

Well that seems good news, but some times officials should know that they shouldn't offend the public with this kinds of ridiculous news . the fact is obvious. It is out of any kinds of economics theory to try to convince people that you have 11% growth rate with 15% inflation rate in the same country where there was 30% inflation rate with 10% growth. Let us talk seriously, is it because you changed the basket of commodity on the Consumer price Index calculation or is it your are lying. It is us who are living the life in Ethiopia. Is it because the CSA people getting their household items from the government subsidize value. or is it because you took the data from Kebele's food distributors. Seriously, ....By the way that is why i watch ETV only when there is football match.

Ethiopia is moving ahead on all fronts except inflation and this news will make GOE performance perfect

Some people complained by using Central Statistics Agency data when inflation was 40 percent and now they claimed that CSA data is not correct because they don't want to hear positive news

good news
thankyou the wise government of ethiopia and the hard work of ethiopian farmer and agricultuer engineers.

@sami , just take econ 101, that will help i think. you shouldn't applaud for every message that the govt published. The government will get strong and wise when it is willing to accept the criticism from the public it serves through which it will make itself democratic and strong. Don't forget as our former PMS said still 50% of the Ethiopian those who elected in the previous election didn't support EPRDF. So whether you work some where in govt or not, you should be willing to accept criticism. We also know our life ( if you are living in Ethiopia) you know it. Most importantly we know how these data collected. I know people in the CSA doesn't want to tell bad news to the top officials so that they always deflate the number in any possible ways...but for your information I want hear every good thing about Ethiopia.But my intuition will not accept this kinds of ....cooking.

Let's hope we keep it like this for a while even lower.

stop printing money like toilet paper.
Stop borrowing money like there is no tommorow.
Stop harrassing the private banks like old style chicago gangs.
Give private businesses more breathing room to grow.

Likely, the cause of inflation in Ethiopia are two sources:

1) Money circulation. Most people don't have money but few held an excess of it. This led to unemployment because of unequal money circulation.

Suggestion:
Gov't have to pay every worker either through gov't, company or private employment. Then, gov't should collect more money from rich like tax and also tax those worker. Whatever means gov't must make sure that more workers should be employed and paid. Then in turn those workers will led there live by expending on necessity of life: house, food, cloth etc. Then gov't must collect back most of those money. In general, money should not be a constraint at all rather a lubricant. Finally, people led their live without much saving. That is how it work in developed countries.

2) An export agricultural goods must be different from goods that meant for domestic consumption. This distinction is not necessary in quality but by trade mark!! Then, commodities meant to be exported should be valued properly. For example, when teff to be exported, since the production of teff takes water, the teff to be exported include water export. This means the price of teff to be exported (as market by trade mark) must be very high. This will decrease demand for teff by importer (mainly immigrants ). This increases teff availability for domestic consumption, by default it will be much cheapest for them. Finally, commodity price will be lower and inflation too.

Most understand about globalization and free trade issues. As I tried to explain above, gov't never bring trade barriers but has right to get a right value for the commodities.

Have you seen a drank Ethiopian beggar (lemange) sleeping in the middle of road in Addis stretching his bare feet wide lying there with no fear? And those who see him laughing like if there is no tomorrow, and that is exactly what I feel whenever I see this ridicules weyannes false inflation statistic . Deflation is stretching it's feet wide open ppl.to lought at ,with worthless currency not even good for toilet paper. $1 dollar. 20 birr. a single toilet paper costs more than one dollar,why bother buy it when you have a dirty ,smelly weyanne birr to use it as a toilet.

In today's weyanne Ethiopia beggars refused to take dirty Birr unless it is new or they ask you to give them in Visa card or American Express.

Sami [Visitor]

"Some people complained by using Central Statistics Agency data when inflation was 40 percent and now they claimed that CSA data is not correct because they don't want to hear positive news."

That is superb observation, wow!
They accepted CSA when the news were negative but, now are questioning the genuineness of the information when it is positive, wow! what a demon is this?!

Brother if you seat down and watch this people you will be doing an identical characterization of Iago as in the Great Shakespeare's play Othello lol

C'est moi senait,
You are right on exchange rate: 1$ about 18 birr. For now, This issue is beyond gov't control because it is global effect whereby gov't has insisted to pay more to get a foreign currency. This is related with investment activities. This is how foreigners take more of your money through exchange rate and give you back less of it in the form of loan, aids. This is simply a form of colonization but I doubt how far this influence will continue. It is just like the relationship between landlord and tenants of a long period ago whereby farmers produce all and give to the landlord about 3/4 of the product. The landlord is getting simply s/he possessed the land but we know that the land is a gift from God. Likewise, some countries have authority to control money across globe. They are taking more money because of this.

Please understand me that I am trying to give an awareness for some but I know that some of you know very well.

Another bad news for Idiots in the diaspora. This indicates us Ethiopia is governed by the right party...

13.2 percent is a very large percentage. For instance, easily 99 percent of the Ethiopianpeople want a roof over their heads, food on their tables, and the occasional slice of cup cake for dessert. Surely an arrangement can be made with that niggling 1 percent who disagree.but there is no any Government in the country tha is big problem

The way I understand inflation :-

Cement price were 500 birr but Al Almoudi change that by starting brand new cement factory with in a day The price of cement fail to 200++ birr. So this telling us we need the rich to narrow the gap between rich and poor by providing more work and introducing new technology...this lead to lower inflation

@sami du think we accepted the 40% inflation rate reported by CSA. did u forget that by then it was around 65% seriously. But at that time one of the most funny thing about them was that they were "the only government who boldly reported a 40% inflation rate with proud" so .....i am tiered of those kinds of asmesaye people in Ethiopia.

@ abbb get a life who cares what you think facts are facts if you don't like it that is too bad people like you are full of hate you will end up in a hospital

Another futile stupid Agazi Baseless Propagndas .The way that peoples are starving ,the Fact is that the Inflation is not really dropping to their fake 15.8 % data but in fact rising more than 150 % . SHAME ON ALL AGAZI BANDITS LOBBYISTS !!!!!

@abbb(also known as ESUBALEW), Just to make you happy let me readjust the statement like this, Ethiopia,
world's worst economic performer, has registered a decline in the inflation to 50 percent which was 65 percent before.

Another fuzzy Woyane math. The 30% now 15.8% inflation and 11% Woyane economic growth is happening all at the same time at the same place.

One can conclude that Woyane propaganda is out of touch and indicates their ineptness.

$1.00 to 18 Birr. What does that tell you? If the exchange rate keeps going up you know woyane is LYING! And it has steadily been going up. An indication of birr buying less.

What the woyane idiots wanna do above all is control, corruption, control the money supply. I believe deeply these two go hand in hand with the way things are handled in Ethiopia. Stop buying political support spreading birr like toilet paper.

The question to ask is..

How much is ande killo sekuar?
How much is Shiro?
How much is Teff?
How much is ande killo siga?

Last march 100 killo teff was close to 1300 birr. Rumor has it it is up to 2000. If that is true..
How in hells name does 100 kilo teff get to cost that much? What changed between March and November?
Too much birr in circulation? The birr is weak, very weak.. Dose not buy shit, literally, indication inflation is headed the other way..

I'm sure no Ethioman or woman have objection to growth of 11.4% and a decreased inflation but.. what is being reported by, a $4 billion dollar a year aid recipient nation, is not reality, not practical. It is total BS.

This is really good news for any normal person.Hope it will decline further. In addition to this Ethiopian gov should work hard in minimizing unemployment

Abbb

I don't blame you if you don't trust the statistics from local people. You would take it as a fact if it was from any foreign source. That is the tendency of thinking of a lot of people. The number is talking about the difference between the two consecutive months. What makes you question it? What facts do you have to discredit it? But those people you blame worked hard and collected the data. If you have a different fact, tell us. Because it seems like you are dismissing it with just gut feeling and that wouldn't be right.

Ok all of you who questioned my suspicion of Ethiopian Data, let me tell you what happened in the northern part of Ethiopia ( particularly around Dangla and Bahirdar). I was a team leader on data collection for a certain study. By then the farmers were not cooperative to give us information about the price of their item and related information. One of their reason for not cooperating with us was their low trust towards the Development assistant(DA) working in their locality (Kebele). I asked them specifically, and one of them told me that while we told him that we produced only 10000 Kg of corn he ( the DA) wrote his production as 20000Kg. Although their intention is different (that is to say the farmer is in fear of high tax and the DA does not want to tell bad news to his supervisor since it will cost him salary increment and further promotion because in those locality the efficiency of DAs measured by the productivity of farmers on which the DA has little control and hence the best strategy for him(DA) was to lie).The DA actually told me that his supervisor is also do the same. I am telling you this is true story.This is the extent of which how Ethiopia's data are flawed ( and actually our growth too). I think, we also need to change some of our performance evaluation indicator for the employee if we need to have a long term good news.

By the way, I believe that the Ethiopian government has made an excellent improvement in economy growth too, seriously. I don't criticize blindly as much as i don't want to accept such kinds of flawed information. I appreciate personally, those investment on infrastructure( in spite of its opportunity cost) which will help to foster private investment in the near future. But i advised you as one of those who have at least a little collage education, question some of those report which come out from the government. It is not sin and it is not illegal too rather it is an indicator of democracy. Particularly, does this statistics really makes sense with the life that we are living live right now in Ethiopia?

By the way i am not Esubalew or the what ever you are suspecting and i don't care about who you are.I do care about development, i also respect those people who are now at the CSA. I also know that this is Ethiopia's time so that we all need to cooperate to bring a sustainable development for the once impoverished state.

God Bless Ethiopia

HagereEthiopia,

If teff cost 2000 birr that means it is valued in Gold.. If I am young and unemployed and lived in Ethiopia this the best news because I will go and farm teff. Teff can be reach maturity with in 3 month if I get teff to sale

That may be the best idea yet, Ash. Go ahead.. make your day

More seriously, if that price is true, then your entry into the market..
1- will make you more money
2- your entry will bring prices down, bad for you good for the buyer
3- Does 100 kilo of gold cost only 2000 birr?
4- Are we on the same page here Ash?


from: Ash [Visitor]
HagereEthiopia,

If teff cost 2000 birr that means it is valued in Gold.. If I am young and unemployed and lived in Ethiopia this the best news because I will go and farm teff. Teff can be reach maturity with in 3 month if I get teff to sale

HagereEthiopia.

2gram of gold cost 2000birr

but to get 2 gram of gold you have to clear 2ton of dirt this might take you three month if you using the same tools you are using like teff farmer.

on the other hand a teff farmer can produce 2000kilo of teff in small land using basic tools and capital

we have million of unemployed what the hell do they want why not farm if teff is 2000birr even if they produce 100kilo per month they are laughing

Ash

You sound like an absolute moron. You don’t understand the relationship between rising prices, the value of goods and income.

For you rising price means simply very good. What about people’s income?

Stop. Go to school and learn before about economics and/or Finance before writing your worthless ideas.

Second, just for the sake of your worthless argument, you wouldn’t be able to farm Teff because People don’t own land any more.

Your weird Quasi- Communist Woyane regime has inherited Mengistu’s illegally confiscated land policy and has denied people their right to own land and to farm or live on it. Woyanes overall policy is this. If it means to the government's advantage they will go with Mengistu’s policy and if it means to help Ethiopians it will not and make up their own loot policy.

Very good to know the price of Gold, Ash.

from: ash [Visitor]
HagereEthiopia.

2gram of gold cost 2000birr


I have no way of knowing how much a farmer can or will produce untill now. Again, good to know.. Not that it will make much difference in the Teff market if it is controled by woyane which is the point, the reality of how life is under Woyane. Just saying.

Tulu Proud ET,

For you rising price means simply very good. What about people’s income?

Answer:-

My question is how are those people u worried about? I told u if the price of teff is $2000 birr the farmer income in increasing. Again the farmer are not responsible for other people income. Beside they are two kind of people in Ethiopia those who work for government and those who work for themselves. Those who work for government start creating job for themselves and stop asking the farmers to subsidized their income.... I am telling u in Ethiopia people spend money on beer and buying sex but when it come to food they want the farmer to subsidized them... If Meles took all the land that also not the farmer problem..it is ur right to ask for land from government and u must be ready to die for it...o government doesn't give me land so without working I should get teff below market price.

Once u adjusted ur mind about who own the right to sale his teff at whatever price he wish then we can work on how we can lower the teff price as it is we can increased teff product by ten fold just by using very simple but improved agricultural technology.. This technology produced by Ethiopian the only think is to provide the farmer with the loan and introduced the technology so that they can produce more this we reduced the price.

The other day VOA interviewed one of Ethiopian government officer responsible for small farmer.

The officer said we try to export teff finished product to America and Canada.

The VOA interview just like tulu form Oromo. Start losing it saying who Ethiopia export teff when the price of teff sky rocketed in Ethiopia. U the mind set of this interview he can tell an independent farmer where to sale his teff.. This is like I am telling u how much u sale ur car to me I set price for u so that I will buy from u. The Ethiopian farmer are not slave u the VOA interviewer or any other person to tell him where he can sale his product.

Yes I am understanding the price of teff is sky high but forcing the farmer to sale in low price in Ethiopia is not the solution if the price of teff in America is $ 1000 dollar ten time more this will lead to more teff production that means more teff left over to Ethiopia market higher price is the one who drive the teff to be produce more if u lower the price less farmer produce it and the price increased.

By the way if the VOA interview think the farmer should sale his teff in Ethiopia before he sale to America then what the VOA interviewer doing in America making ten time more when he can go to Ethiopia and give his service to Ethiopia and helping Ethiopia. Slave and master relationship his over if u think the price of teff is to high go out and produce it urself or start eating another food I suggest wheat and rice the whole world doesn't eat teff so it is not a big deal..again if u think it is a big deal then have to pay market price or shut ur mouth...if u understand this simple logic no have the right to set the price of teff but the farmer then let me help u how u can manage ur income stop having ten kids. Stop drinking and buying sex... And tell ur 19 years old kid to go out and work and show them the value of work instead of they are waiting for government work.

I say all this because the love I have for our farmer..that all


Hagerteffethiopia.. Since u don't make sense or I don't understand what u try to say... I could not have reply at this time... This topic is neer to my heart pls try again I am very happy to hummer u with logic.

Ash,

If there is one thing you have no clue of.. it is LOGIC. Not to mention ignorance derived from lack of knowledge.

The whole thing you wrote.. nonsense.

My suggestion, you get off the topic because you do not get what is being said and what it is that affects the people. You are just rumbling, talking like a mad man who has no grasp on reality, no offence. In simple words, you do not know what you are talking about but it is your right to go on rumbling.

Life is still expensive.Please check numbeo.com and see how many dollars it costs to live in Addis/Ethiopia in 11/2012 before talking about anything dropping.In my opinion price is rising and rising leaving the ones with no help from the diaspora, to live in the worst living standard hell-whole in the worst quality of life imaginable.

Quality of life,

Answer:-

My question is what is the farmer responsibility if price rising..in fact it is not the farmer problem the cost of living in addis rising.. By the way Ethiopia is not only addis so if addis is become costly move on to cheap city... If u born in NY and the cost of living is high u move to other state but u will not ask other to lower their price.

About diaspora sending money

This have two problem.. If u send money back home working as dish washer in USA.. Ur family will never know the value of money so they spend it like there is no tomorrow beside they will not work because u send them the money so why work late alone work they use their free time to insult those who work for living,... If not this they use the money to buy sex and have more kids to become street kids did I say drinking the whole night away. It doesn't matter u send them money for last 20years their live will not improved.

What is the solution. All diaspora losers who send money must united and invest in one big company when this company make profit ur family start getting income.. As far as I know diaspora send billion dollars to Ethiopia per year that means we can start 20 billion birr company filly paid company can be started every year and creating job and rising the income of our family.

In America one loser doctor can start a opp. Party every night and get support like no other then why not start a share company the same way and end poverty.

One last thing u fight the price rise by increasing the price not by reducing price by force.. If u force the price to be lower u will creat black market and few people produce it.

Late take computer once it cost 300,000 dollarse no American government force the price down but more and more people produce it and technology improved the price fail down to below 1000 dollars. So to reduce price u improve the thecnology and allow people to make profit.

Just look what happend to price of cement it was 500 birr but if the government force cement to 200 birr no new company enter the market instead the government allow the price to go higher this lead to many to enter the market and thanks to al Amoudi the price of cement fail by 200 birr over night u see u don't have to kill or force the saler all u have to do is allow the market to taker of business. Yes the government also have roll to play by allowing easy inter in to market etc etc

Bingo!!! Another idiot on Nazret.com. Like I always say stupidity is no excuse and freedom of self expression means just that. So Ash, go ahead and spread your stupid woyane bull all over the place.

What is this Ash.. freakonomics?
from: Ash [Visitor]
"One last thing u fight the price rise by increasing the price not by reducing price by force.

Like I said Ash, you are a dum dum, stupid!

HagereEthiopia,

Now u have a very good question and u make sense. Even so u that doesn't make u right.

Yes u fight price increase by allowing price increas so that profit can be make. Profit is not a bad thing.

Let me give one very simple example when cement price increased to 500 birr because of shortage of supply and demand is more then supply u allowed the price to increase this will lead to new people to enter cement business..not al Almoudi alone two or more invester enter the market even so they did not start a business this alone reduce the price.. Again when AlAmoudi cement started business over night cement price because 200 birr...

Now late see u father Mangustiu method do u rember when spice (red paper) price sky rocketed Mangustiu have very good idea how to control price if any one disrespect his price control he killed right there with no Marcy....at that time public supporters him because just to save few birr they are willing to kill if that will take to lower price...

Then again if Mangustiu allow price rise and allow the saler to make profit the farmer start producing more spice and the more farmers produce spice the price will fail by itself... All this can happend with in 3 month because that is how much it will take to produce spicy.

So mr. It is okay to make profit no one want to pay more...but every one want to make profit so they will enter the market where they make more profit this lead to price to fail then the same people exit the market and enter another market where the price is high.

In Canada what they worry is not price rise but price fail for this reason they want allow the farmer to produce more then the market can handle they limited the supply to that the market price hold high.

Dear HagereEthiopia,

I am sorry that I am hummer u with logic but people die because the meas understood price rise with bed thing and they are willing to kill to lower price u can't lower price by killing.

Anyhow do u remember ur father Mangustiu rushing suger to fight price rise.. Even u used tell us to buy salt in order to buy suger.

Today when suger. Shortage happened what Meles did is allow new suger factory to enter the market and 28,000 new employment created. That is how u fight price rise again price rise means profit for those who work and force them to wok more..

I am doing a thinking why u opp. Price rise Iit hit me may be we understand price rise differently way be u are talking about price rise where the saler hord the product and creating man made shortage.

Hoarding is illegal so this is not an issue even if this is an issue u allow few invester to enter the market to supply the same product and u make hoarding a losing proposal

Example when oil saler hord oil and make oil price rise the government import oil and sale at cheaper price.while allowing invester to enter oil manufacturing business. The more oil produce the more price fail
Government have many tools to lower price. Beside killing the saler or forcing the saler to sale at lower rate.