Ethiopia's Central Bank Hikes Credit Growth to 18%
In a move that has raised both expectations and concerns, Ethiopia’s Central Bank (NBE) has approved a significant increase in the credit growth target to 18%, up from the previous 14%. This decision, made during the Monetary Policy Committee’s (MPC) meeting on December 31, 2024, aims to bolster economic growth amid challenging liquidity conditions faced by banks.
Read more: https://ethiopianbusinessreview.net/ethiopias-central-bank-hikes-credit-growth-to-18/
In a move that has raised both expectations and concerns, Ethiopia’s Central Bank (NBE) has approved a significant increase in the credit growth target to 18%, up from the previous 14%. This decision, made during the Monetary Policy Committee’s (MPC) meeting on December 31, 2024, aims to bolster economic growth amid challenging liquidity conditions faced by banks.
Read more: https://ethiopianbusinessreview.net/ethiopias-central-bank-hikes-credit-growth-to-18/