Deputy governor of National Bank of Ethiopia removed

Deputy governor of National Bank of Ethiopia removed

borkena June 2,2018 As reform measure focusing on fighting corruption and improving service delivery continues, heads of agencies and ministries are being reshuffled or removed from their positions altogether. According to reports by the Ethiopian Reporter, Yohannes Ayalew (Phd), Deputy governor of National Bank of Ethiopia, is removed from his position. The source added that […]

Ethiopian government announced currency devaluation

Ethiopian government announced currency devaluation

New currency devaluation is criticized by analysts as disadvantageous to Ethiopia October 10,2017 borkena, Ethiopian News National Bank of Ethiopia announced a new round of currency devaluation today. There seem to be a sense of urgency on the part of the government as the devaluation is going to be effective as of October 11, 2017. […]