Tigray gets extended time to change old banknotes

Tigray _ banknote changes
The National Bank of Ethiopia (file)

borkena
December 30, 2020 

Tigray region of Ethiopia is getting fourteen days of extension to change old banknotes, the National Bank of Ethiopia on Wednesday announced in a statement sent to state media Fana Broadcasting Corporate (FBC). 

It is effective starting December 30 and banks will be working including weekends for the next two weeks. 

Banknote changes  in the region were suspended following a law enforcement campaign starting November 4, 2020, after Tigray People’s Liberation Front (TPLF) forces attacked Ethiopian Defense Force bases in the region.

Banking service was resumed in the region in the areas where internet and power are restored including Mekelle City. 

All regulations introduced during the banknote change will be implemented in the course of collecting old notes, the Bank also announced. Banks in the region are required to send weekly reports to the National Bank of Ethiopia, according to the report by FBC. 

This time around the maximum amount that people could exchange with the new banknotes is less than 100,000 Ethiopian birr. The reason is that the time given for exchanging amounts up to 1.5 million Ethiopian Birr expired before the law enforcement operation was started on November 4. 

Ethiopia introduced banknotes changes in September 2020 in what was said to be was an effort to combat corruption and illicit trade, and was underway fore three months.



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2 Responses to "Tigray gets extended time to change old banknotes"

  1. Ittu Aba Farda   December 31, 2020 at 2:26 am

    It is now confirmed beyond the benefit of a doubt that many of those who committed that barbaric massacre on innocent daily laborers in Mai-Kabra are roaming around among those early arrived refugees in Sudan. They are sitting there under the protection of the UNHCR and thumbing their noses on the survivors and relatives of the victims. What the heck, they may also be busy honing their knowledge of the English language with an American accent. Put me on the records that we may end up seeing them roaming around among us as ‘political refugees’. The way things are in that border areas these days, Sudan may not be willing to round them up and hand them over to the prosecutors of our old country. They may end up coming here, Europe or Oceania just like those who committed similar crimes in the past. Mark my word for it.

    Reply
  2. Ittu Aba Farda   December 31, 2020 at 9:27 pm

    I have true and indisputable news for you. Comrades Chairman Mao Debre, Field Marshal Sebhat Marx Nega and Abay Lenin Tsehaye all three just shot me emails to fill me in one the latest true status. Field March Sebhat Marx Lenin is in Asmara after annihilating the Eritrean army single handed with his bare hands and has captured Brother Isaias. That is right Brother Isaias is in custody along with his entire cabinet. The people of Eritrea have greeted the victorious Comrade Sebhat with fanfare showering him with rose petals. Comrade Chairman Mao Debre is in Addis after crushing the army of Neftegnas and Neo-Gobenas. He has captured Abiy and his entire cabinet. Comrade Abay Lenin Tsehaye is in Gondar after wiping out the entire Northern Neftegna Army alone by himself and liquidating Jula and Bacha. Herman is in Addis to supervise the complete wiping of every living, breathing Neftegna and Neo-Gobena from the face of the earth and declaration of The Peoples Socialist Republic of Oromia with the Ibsas as the President and Prime Minister, The Gutemas as the Coffer Dippers and Launderers and Jimj as the Foreign Minister of the new republic. Chairman Mao Debre will be the Supreme Leader of the new Peoples Republic of Axumia. Then Herman will be given a free-for-all permit to carry out another massive haul of human trafficking. Herman is also finishing up a book to prove that Neftegnas and Neo-Gobenas all are actually evil, lizard-like extraterrestrials in disguise that must eradicated despite the fact that number well into tens of millions people.

    When I read these emails from these comrades I said to myself, wow!!! What these golden race people from Comrade Mao Debre’s birthplace are capable of. Wow!!! I can’t wait to get their next email. If they call me I will put them on the speakerphone so everyone can hear them. I promise, ok?

    Reply

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