Audited financial data have revealed that the National Bank of Ethiopia (the central bank) incurred substantial operating losses during the 2024/2025 fiscal year, driven primarily by “unrealized” foreign-exchange losses resulting from the revaluation of foreign-currency-denominated assets and…
Audited financial data have revealed that the National Bank of Ethiopia (the central bank) incurred substantial operating losses during the 2024/2025 fiscal year, driven primarily by “unrealized” foreign-exchange losses resulting from the revaluation of foreign-currency-denominated assets and…
Ethiopia’s decision to float its currency and begin liberalising its economy comes at a sensitive time, as similar reforms have sparked unrest in other African countries. Abiy Ahmed must carefully navigate the path ahead to ensure the success of this new policy mix.
Ethiopia’s decision to…
Ethiopia’s decision to float its currency and begin liberalising its economy comes at a sensitive time, as similar reforms have sparked unrest in other African countries. Abiy Ahmed must carefully navigate the path ahead to ensure the success of this new policy mix.
Ethiopia’s decision to…