Transparency in Foreign Currency Allocation and Foreign Exchange Management Directives
Ethiopia, National Bank of Ethiopia
The directive sets out foreign exchange allocation and priorities, foreign exchange sales on demand, prohibitions, penalties, auditing, as well as responsibilities of the executive management and the board, among others. This is charged at ensuring the judicious allocation and transparent use of foreign exchange, owing to its scarcity and importance to the economy.
Process Flow
Transparency in Foreign Currency Allocation and Foreign Exchange Management Directives Current Version
January 2022
The directive sets out foreign exchange allocation and priorities, foreign exchange sales on demand, prohibitions, penalties, auditing, as well as responsibilities of the executive management and the board, among others. This is charged at ensuring the judicious allocation and transparent use of foreign exchange, owing to its scarcity and importance to the economy.
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