Ethiopia Central Bank Consults Exporters on Forex Repatriation

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Ethiopia Central Bank Consults Exporters on Forex Repatriation
Ethiopia Central Bank Consults Exporters on Forex Repatriation

Africa-Press – Ethiopia. The National Bank of Ethiopia (NBE) convened a high-level consultation with leading exporters in the coffee, sesame, and pulses sectors, aiming to address ongoing gaps in foreign currency repatriation.

Chaired by Governor Eyob Tekalign, the session reaffirmed the Bank’s mandate to safeguard Ethiopia’s foreign exchange earnings and ensure that export proceeds are returned promptly and transparently.

The Governor stressed that NBE prioritizes constructive engagement over enforcement, emphasizing partnership with the private sector to resolve bottlenecks, improve compliance, and protect national economic interests.

In its official statement, NBE reiterated its commitment to strengthening accountability, promoting responsible export practices, and reinforcing the integrity of Ethiopia’s foreign exchange management system.

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