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Ethiopia: The chronic shortage economy: What is the price and utility of a kilo of Sugar in Finfinnee (Addis Ababa) in terms of never ending queue? August 27, 2015

Posted by OromianEconomist in Economics, Famine in Ethiopia.
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Economic performance and size of government

In the midst of fastest growth hype and official statistical lies,  Ethiopia has been plagued by high rocketed prices for basic goods,  intensive and chronic shortages in all sectors of  economy. This is the situation of  TPLF ( fascist government and monopoly)  controlled economy experiencing declining production (supply deficit)  relative to  citizens demand for basic necessities. In dealing  with bureaucratic corruption that tinkers with distribution,  citizens are experiencing  long queue (disutility) in cities  for basic goods  for which  very limited  supply is  available. They may be approved or disapproved to get access to the purchase  by TPLF local cadres decisions. It has been reported that Ethiopia’s rural areas are in catastrophic famine. Widespread shortages, spiraling inflation and famine  are fueling humanitarian crisis.

This is the Ethiopian capital Addis Ababa (Finfinne) where the population of the early morning standing in long lines under the blazing sun (Sunday August 2015) for the purchase of sugar, oil and other basic goods

This is the Ethiopian capital Addis Ababa (Finfinne) where the population of the early morning standing in long lines under the blazing sun (Sunday August 2015) for the purchase of sugar and oil. Cars, children, women, old and adult, all are in never ending line. Source: http://www.ayyaantuu.net/addis-ababa-this-is-eleven-percent-yearly-growth-in-ethiopia-endless-lines-for-sugar/

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