Ethiopia said on Friday the National Bank of Ethiopia plans to inject 15 billion Ethiopian birr ($456 million) as liquidity for private banks to cushion the economy over the impact of the coronavirus, state-affiliated Fana news agency reported.

Ethiopia said on Friday the National Bank of Ethiopia plans to inject 15 billion Ethiopian birr ($456 million) as liquidity for private banks to cushion the economy over the impact of the coronavirus, state-affiliated Fana news agency reported.


“National Bank of Ethiopia to avail 15 billion birr liquidity for private banks to enable them to provide debt relief and additional loans to their customers in need,” Fana said in its report.

Get more stories like this on Twitter

AD: To get thousands of free final year project topics and other project materials sorted by subject to help with your research [click here]


More Stories