Ethiopian governor hails benefits of central bank reforms
Mihretu tells IMF Spring Meetings inflation is now projected to fall to 10% in 2025-26
The governor of the National Bank of Ethiopia (NBE) has said the monetary policy reforms he introduced last year were historic and have helped bring inflation down substantially.
Speaking at the International Monetary Fund’s Spring Meetings in Washington on April 24, Mamo Mihretu said the reforms would bring inflation down to 10% in the 2025–26 fiscal year. The last time Ethiopia’s inflation was lower than that level was in November 2018.
Under Mihretu’s leadership, the NBE last July adopted a
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