NBE lifts credit cap, raises policy rate

Source: Capital Ethiopia - Read the full article at the original source

By Muluken Yewondwossen The National Bank of Ethiopia (NBE) has announced a series of major monetary policy decisions following the latest meeting of its Monetary Policy Committee (MPC), marking a significant step in the country’s transition to an interest rate-based policy framework. The central bank has fully removed the temporary credit cap imposed on banks, […]

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