Ethopia: Opposition EZEMA criticizes government’s ‘untimely’ forex reform, warns of consequences

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Africa Links 24 with Addis Standard
Published on 2024-08-01 09:54:13

Leader of professor Berhanu Nega serves in PM Abiy Ahmed’s cabinet as education minister (Photo: Ezema/Facebook)

Addis Abeba – The Ethiopian Citizens for Social Justice party (EZEMA) has voiced strong criticism against the government’s recent shift to a market-based exchange regime, warning of potential economic hardships for citizens. 

This comes as Ethiopia implements major macroeconomic reforms backed by the International Monetary Fund (IMF) and World Bank.

On Monday, the National Bank of Ethiopia (NBE) announced floating the…

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