NBE governor: reforms have reorientated Ethiopian economy
Country has been shifting towards a market-based system, with support from IMF
The governor of the National Bank of Ethiopia (NBE) has said reforms backed by the International Monetary Fund and World Bank had “reorientated the whole direction of the economy”, but that the country’s private sector needed to be strengthened further.
Over the past two years, Ethiopia has embarked on a series of reforms aimed at building a financial sector governed by market forces, rather than administrative directives.
Speaking on a panel at the IMF’s Spring Meetings in Washington on April
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