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Getahun Tsegaye
Staffa Reporter
Addis Ababa, Ethiopia-The National Bank of Ethiopia has announced that government borrowing has decreased to “zero” this year.
This announcement was made by the Governor of the National Bank of Ethiopia, Mamo Mihretu, at the Ethiopian Finance Forum, which began today in Addis Ababa, as reported by Fana BC.
The Governor acknowledged that Ethiopia’s financial sector has been facing numerous challenges, including inflation and foreign exchange shortages. He stated that Ethiopia has embarked on comprehensive macroeconomic reforms to address these issues.
He indicated that these reforms are aimed at increasing the inclusiveness and competitiveness of Ethiopia’s financial sector, resolving foreign exchange shortages, attracting foreign trade and foreign direct investment, and controlling inflation.
He further stated that efforts to realize the macroeconomic reform visions have made it possible to resolve the foreign exchange shortage and establish a financial sector that involves the private sector.
He also noted that the macroeconomic reform has made it possible to make the country’s financial sector competitive and market-oriented, private sector-centered, digitized, and secure.
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Why doesn’t the nation print its own currency to boost its economic-activities; instead of ‘borrowing’ from the ‘Money changers’ (IMF, WB, … etc) and setting itself up for theft by allowing its wealth to be hijacked and transferred by international-bankers ( thieves )?
Part 1
“You’ve Been Lied to About the History of Money w/ Richard Werner”
Link = youtube.com/watch?v=o9nSmSvV0K4
Part 2
“We Don’t Need Central Banks” w/ Richard Werner ”
Link = youtube.com/watch?v=8Al2blDsI1Y
The International Bankers (‘Money Changers’/ crime cartels ) theft / wealth-transfer need to be stopped!!!
Be well.
Werner Economics:
“Secrets of the Financial System and the Truth About Economic Growth”
Link = youtube.com/watch?v=JHtiVuf_cfs
PDF:
“How do banks create money; …”, Prof. Richard Werner
Link = mhttps://www.fairmoney.info/wp-content/uploads/2016/12/Professor-Werner-How-do-banks-create-money.pdf
Be well.
Whenever I see this man, this peerless genius being shown running the banking affairs there, I know the old country is in good hands of a very capable man. Hey bigots! He is accosting you with the old country did not barrow a red sent this year. Do you know what that means? Zilch, nada, zero, none, goose egg, fien, niente, ummm….I gave up!!!!