Following forex liberalization Ethiopia set to access IMF’s $345 million
BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF)…
Ethiopian Birr
Ethiopia devalues its Birr 31 percent
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent…
Ethiopia bans cash payment in property deal
The Federal Documents and Authentication and Registration Agency of Ethiopia today announced that it will no longer authenticates…
Ethiopia introduces new currency
The Government of Ethiopia has unveiled new currency notes replacing the old ones, Prime Minister Abiy Ahmed, said.