Thursday, April 2, 2026

NBE says financial stability, streamlined policies spur progress

Ensuring financial stability and propelling enabling policies are critical grounds to stead fast Ethiopia’s economic growth and development, the National Bank of Ethiopia (NBE) Governor said.

The 7th Annual East African Summit, organized by the iCapital Institute, Nairobi Securities Exchange and Ethiopian Insurers Association is being held under the theme “Unlocking opportunities: Navigating the forces shaping the future of finance in East Africa.”

In his opening remark at the summit yesterday, NBE Governor Mamo Mihretu said that the central bank has been aggressively working on financial stability and ensuring potential gaps and weaknesses to sustainably address the potential loopholes in the financial sector. (Ethiopian Herald)

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Bank of China, AfDB review financing framework for Bishoftu Airport

The Ethiopian Airlines Group and the Ministry of Finance...

Container Shortage Reported Due to Maritime Transport Disruptions

The Ethiopian Maritime Authority (EMA) has announced a shortage...

Ethiopia’s MPC Holds Off on Lifting Credit Cap, Citing Global Uncertainty

The Monetary Policy Committee (MPC) of the National Bank...

Over 180,000 Metric Tons of Fuel Failed to Arrive Due to Conflict

Minister of Trade and Regional Integration (MoTRI) , Kassahun...

Ethiopia,China Reach Final Stage of Strategic Debt Restructuring Negotiations in Beijing

A high-level Ethiopian delegation, led by Finance Minister Ahmed...

Rejoinder: Language, Identity, and the State — A Clarification

Much of the criticism directed at my argument rests...

The Satellite Saw It First: When a Distant Conflict Froze Ethiopia’s Economy

(This piece draws on preliminary findings from an ongoing...
spot_img

Related Articles

Popular Categories

spot_imgspot_img