Afrique
[Addis Standard] Importers ‘unable’ to use approved foreign currency; CBE reports only 28% of hard currency allocation utilized post-reform
(Photo: AFP) Addis Abeba – Since the introduction of new macroeconomic reforms in late July 2024, less than one-third of the $282 million in foreign currency allocated by the Commercial Bank of Ethiopia (CBE) to importers has been utilized. In its recent statement, the CBE announced that a directive has been implemented since the introduction of new …
- Catégorie : ADDIS Standard
