
May 4 , 2025.
Pensioners face harsh economic realities, their retirement payments swiftly eroded by inflation and spiralling living costs. They struggle daily despite a recent pension rise, barely covering transportation and essentials, as the weakening Birr pushes staple prices through the roof. Their plight reflects a broader crisis. Human Rights Watch reported only 7.4pc of Ethiopia’s elderly population receives pensions, with nine in 10 beneficiaries male, leaving most vulnerable to poverty and neglect.
A familiar story of economic insecurity compounded by isolation abounds. The Ethiopian Elderly & Pensioners National Association warns of widespread food insecurity and untreated illnesses among retirees, with surveys indicating that over 80pc regularly skip meals. The situation worsens in rural regions, where over 60pc of pensioners languish below the poverty line, too distant or unwilling to access pension payments.
PUBLISHED ON
May 04,2025 [ VOL
26 , NO
1305]
Photo Gallery | 147784 Views | May 06,2019
Photo Gallery | 137891 Views | Apr 26,2019
My Opinion | 134440 Views | Aug 14,2021
My Opinion | 131004 Views | Aug 21,2021
Aug 30 , 2025
For Germans, Otto von Bismarck is first remembered as the architect of a unified nati...
Aug 23 , 2025
Banks have a new obsession. After decades chasing deposits and, more recently, digita...
Aug 16 , 2025
A decade ago, a case in the United States (US) jolted Wall Street. An ambulance opera...
Aug 9 , 2025
In the 14th Century, the Egyptian scholar Ibn Khaldun drew a neat curve in the sand....