World Bank Touts Currency Reform to Lure Investment to Ethiopia

📆 13/04/2023 09:08 م
📰 economics

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 68%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Improvements to Ethiopia’s exchange-rate system are being considered that would help draw more capital, World Bank President David Malpass says

Foreign-currency shortages have plagued the country and led the authorities to restrict allocations to private industry.

The nation has an official exchange that’s currently at about 54 per dollar — little changed since the start of the year — and a parallel rate that’s almost double that on the streets of the capital, Addis Ababa.

اكتب تعليق

Is it the mandate of the WorldBank? Normally, IMF does offer developing & emerging market economies technical assistance (TA) programs for balance of payments (BOP) supports and exchange rate reforms. Lagarde

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Oman's Ahli Bank disapproves merger offer from Bank DhofarAhli Bank in Oman said on Wednesday its board disapproved a merger offer from Oman's second-biggest lender Bank Dhofar .
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »