#Ethiopia: The National Bank of Ethiopia announces a new monetary policy framework The National Bank of Ethiopia (#NBE) has announced a new monetary policy framework aimed at fostering price stability. In a public statement made yesterday by Mamo Mihretu, the central bank outlined key elements of the policy. Among the measures introduced is an interest rate set at 15 percent and the introduction of bi-weekly auctions. Additionally, the National Bank of Ethiopia has completed preparations to esta
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𝗘𝘆𝗼𝗯 𝗧𝗲𝗸𝗮𝗹𝗲𝗴𝗻 (𝗣𝗵𝗗), governor of the National Bank of Ethiopia (NBE), spoke at a digital payment conference last week in Addis Abeba, where he questioned the "notion of no currency" in the international monetary system as "a little bit far-fetched." #CashlessSociety #DigitalPayments #NationalBankOfEthiopia #EyobTekalegn #EthiopianEconomy #MonetaryPolicy #FinancialInclusion #DigitalFinance #CurrencyDebate #GlobalMonetarySystem #EconomicPolicy #AfricaFinance #AddisAbeba #BankingRefo
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