Ethiopia: Only an Autonomous Central Bank Can Address Inflation

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One of the major macroeconomic headaches in Ethiopia is inflation. There are a number of measures the government can undertake to deal this problem, but they will not work unless the National Bank of Ethiopia (NBE) is independent of the machinations of the executive body, writes Abdulmena Mohammed (abham2010@yahoo.co.uk), a financial expert with 15 years of experience.

An economic forum was held early this month, attended by leaders of the business community, and representatives of the National Planning Commission and the Ethiopian Development Research Institute.

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