Devaluation, Forex Shortage Spur New Wave of Eager Exporters. Will They Thrive?
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Business News
The World Bank and Ethiopia Loan Agreement: Financing, Key Pillars, Priority Actions, and Their Impacts
(Review and Analysis made by Samson Tsedeke, Principal Consultant)
I. Introduction
Overview of the Agreement
Ethiopia has recently secured a substantial financial package from the World Bank as part of its ongoing efforts to address deep-seated economic challenges and stimulate …
Ethiopia’s Bold Move: Analyzing the Impact of Market-Based Foreign Exchange Reform
written by: Samson Tsedeke
In a landmark policy shift, Ethiopia has announced the liberalisation of its foreign exchange market, a move that took effect on July 29, 2024. This decision allows the exchange rate of the birr to be determined …