ANALYSIS: The National Bank of Ethiopia recently published its 2023-2026 strategic plan. Some key facts: Timeframe: The plan outlines reforms over the next 3 years (2023-2026). Monetary policy: NBE aims to transition to a market-based monetary policy framework from its current approach. Inflation target: The central bank targets reducing inflation from the current 30% to under 10% by 2025 and eight percent by 2026. Reserves: NBE plans to grow foreign exchange reserves from under 1 month to over
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ANALYSIS: The National Bank of Ethiopia recently published its 2023-2026 strategic plan. Some key facts: Timeframe: The plan outlines reforms over the next 3 years (2023-2026). Monetary policy: NBE aims to transition to a market-based monetary policy framework from its current approach. Inflation target: The central bank targets reducing inflation from the current 30% to under 10% by 2025 and eight percent by 2026. Reserves: NBE plans to grow foreign exchange reserves from under 1 month to over
Feb 14, 2024
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