Friday, September 29, 2023
HomeEthiopian VideoWhy monetary reform ? National Bank of Ethiopia governor explains 

Why monetary reform ? National Bank of Ethiopia governor explains 

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The Board of Directors of the National Bank of Ethiopia has introduced monetary reform. It hopes to arrest the spiraling inflation in the country. 

In a press statement to local journalists, Mamo Mihretu, governor of the bank , said the reform measure to be taken will encourage “saving and investment, job creation and poverty reduction” – among other  things. 

Take a listen to what he had to say 

Video : embedded from FBC youtube channel
Cover photo : screenshot from the video.

Ethiopian News Video

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