Ethiopia lowers coffee export target after revenue miss
Published on: Friday 14 July 2023
Ethiopia's coffee export revenues fell short this fiscal year, coming in at USD 1.33 billion instead of the hoped-for two billion dollars. High domestic coffee prices, unfavorable exchange rates and volatile global markets contributed to the shortfall, prompting authorities to lower export targets for the new budget cycle.
News source: https://www.thereporterethiopia.com/35473/