Tag Archives: Foreign exchange shortage

Ethiopia: Another Liquidity Crisis within Three Months!

18 Apr

Editor’s Note:

    This, ought to be expected. Under unaccountable system of governance, when the going gets rough, there are bound to be official recourses to such nationally disastrous actions, perhaps not unlawful, but harmful as they may be to the broader society.

    The author is right, in democratic countries, the regulator, i.e., the central bank, operates with the nation’s interests at heart. Unfortunately, the heart of those in power and the regulators in Ethiopia are in the same place: upkeeping and, if possible, continuity of the beleaguered regime in Ethiopia as ther primary goal.
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