Ethiopia: Foreign Bank Entry - Gateway to Global Financing
- Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector.
- Gabriel Nigatu highlighted that foreign banks would provide local banks with access to capital for large-scale infrastructure projects.
- The Ministry of Finance announced that Kristalina Georgieva, the Managing Director of the IMF, will visit Ethiopia from February 8 to 9, 2025.
- Georgieva's visit comes as Ethiopia implements major macroeconomic reforms, including a shift to a market-based foreign exchange regime.
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
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100% Center
C 100%
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