Posts In Category
Economic Commentary
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News Analysis: NBE amends foreign exchange management directive; reveals foreign currency allocation, priorities
By Medihane Ekubamichael @Medihane Addis Abeba, December 07/2021 – Earlier last week, the National Bank of Ethiopia (NBE) issued a new directive, amending an earlier directive in use since October 2020. The NBE explained that the new directive would enable it to carefully manage its scarce reserve foreign exchange and …
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Economic commentary: PM Abiy’s Inflation Test
By Guest Contributor Addis Abeba, August 11/2021 –Inflation has become emblematic of the Ethiopian economy. Prices have gone awry the last three years that the popular perception is “there seems to be no one stopping them from increasing”. The last parliamentary speech of Prime Minister Abiy Ahmed and the time …
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Op-Ed: The World Bank backed law of security rights in movable assets in Ethiopia has flaws that need to be addressed urgently
By Asress Adimi Gikay @RealAsressGikay Addis Abeba, June 9, 2021 – The Ethiopian Parliament enacted a modern law governing security rights in movable assets in 2019. The Movable Property Security Rights Proclamation was drafted with the assistance of the International Finance Corporation (IFC). Enacted in response to the dire need …