World Bank Touts Currency Reform to Lure Investment to Ethiopia

📆 13-4-2023 21:08:00
📰 economics

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

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

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

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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 .
Bron: Reuters - 🏆 2. / 97 Lees verder »