[Addis Standard] Gov’t pulls plug on Franco Valuta imports; sets two-week deadline to finalize ongoing transactions
(Photo: Social Media) Addis Abeba – The Ethiopian government has officially banned the importation of goods using Franco Valuta, effective immediately. A letter signed by Finance Minister Ahmed Shede on November 7, 2024, outlines that importers have a two-week grace period to finalize their ongoing transactions through Franco Valuta. The letter explains that the temporary allowance for …
