Monday, June 22, 2009

Meles Says World Bank to Blame for Power Blackouts


By Jason McLure

June 22 (Bloomberg) -- Ethiopian Prime Minister Meles Zenawi said the World Bank and international donors share the blame for nationwide power cuts that led the government to trim its economic growth forecast.

The Horn of Africa country’s economy may grow 10.1 percent in the fiscal year ending in July, compared with an earlier prediction of 11.2 percent, Meles said in an interview on June 19 in the capital, Addis Ababa. The World Bank underestimated electricity demand in previous years and failed to provide funding for new power-generation projects the government had wanted, leading to under-investment in the industry, he said.

“We could have avoided that mistake if we had the money or had we had the support of our donors,” Meles said. More ≫

3 comments:

  1. Come on the world bank is to blame. This gay is against 70 million ethiopians and now against the world. This gay think he never make a mistake. This is the the sign of dictatorship. by the way, he acts like an economist, medical doctor, engineer, Agricalture professional, comander in chif, everything. This reminds me prof mesfin popular comment "knowldges of ethiopia dectator come from power".

    Tesh

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  2. What? World bank is to blame for Ethiopia's power cut? This guy is in Lala land. What sin did we commit to deserve this idiot? With each passing day he is sounding like Idi Amin. He has overstayed his welcome...go home dude, go to Turkey or something, but leave Ethiopia alone.

    Behailu

    ReplyDelete
  3. It’s not just the West who’s to blame’ - Meles


    John

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