Tag Archives: forex crisis

New exemptions from travellers duties in midst of forex crisis, ethnic conflicts, displacements, hunger & education interrupted! Perhaps a necessity for the emerging TPLF aristocracy!

30 Dec

Posted by The Ethiopia Observatory (TEO)
by Addis Fortune: New Directive Exempts Travellers from Duties
The Ministry of Finance & Economic Cooperation (MoFEC) issued a new directive which entitles travellers to bring in items for personal use free from!customs duties.

Drafted jointly by MoFEC and Ethiopian Revenues & Customs Authority (ERCA) for the past two years, the Directive was ratified by Abraham Tekeste (PhD), minister of Finance & Economic Cooperation on December 15, 2017.
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Ethiopia devalues currency, raises interest rates

12 Oct

Posted by The Ethiopia Observatory (TEO)
by Addis Fortune
In the midst of a Forex currency crisis, the National Bank of Ethiopia (NBE) has devalued Birr by 15pc and raised the interest rate by two percentage points to seven percent. The devaluation pegs the Ethiopian Birr at 26.91 to the dollar, up from 23.40 Br on the official market. It will be effective from tomorrow, October 11, 2017.
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ኢትዮጵያና ሱዳን በየሀገራቸው ገንዝብ የንግድ ልውውጥ ለማድረግ ተስማሙ!

4 Oct

(ኢሳት ዜና–መስከረም 24/2010) ኢትዮጵያና ሱዳን በየሀገራቸው ገንዝብ የንግድ ልውውጥ ለማድረግ ከስምምነት ደረሱ።

ስምምነቱ ለሶስት አመት የሚቆይ መሆኑም ተገልጿል።

በተለያዩ የአለም ሀገራት የየሀገራቸው ገንዘብ የመጠቀም የንግድ ልውውጥ የማድረግ ስምምነት ይደረሳል።
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ልማት ባንክ ብድር የሚወስዱ “ደንበኞች ስኬታማ እስኪሆኑ የወለድ ምጣኔ ማበረታቻዎችን አልሰጥም አለ”! ገንዘቡም የለም! እንዲጠቀሙ የሚፈለጉት ግለሰቦችና ትሥሥሮች ብቻቸውን በልተዋል! ከእንግዲህ በሌለ ገንዘብ በዝርያ በመጠቃቀም ሕወሃቶችን ማድለቡን ማቆሙ ከሆነ ግልጽ ይደረግ፤ ኢሣይያስ ባህረም ያዘረፈው ሃብት ይመለስ!

14 Mar

Posted by The Ethiopia Observatory (TEO)

አዲስ አበባ፣ መጋቢት 5፣ 2008 (ኤፍ ቢ ሲ) በወጪ ንግድ ላይ ተሰማርተው የውጭ ምንዛሪን ለማምጣትና ከውጭ የሚገባን ምርት ለመተካት ብድር የሚወስዱ ደንበኞቼ ስራቸው ስኬታማ እስኪሆን የወለድ ምጣኔ ማበረታቻዎችን መስጠት አቆማለሁ አለ የኢትዮጵያ ልማት ባንክ።
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