News
China's First-quarter Growth Robust At 5%
13+ hour, 34+ min ago (521+ words) Domestic demand signals steady expansion, experts say China's economic growth accelerated to 5 per cent in the first quarter of 2026 despite mounting external uncertainties, underscoring that the resilience of the world's second-largest economy is underpinned by its vast domestic market, officials…...
Inflation Alert: NBE Warns Middle East War Could Upend Ethiopia's Economic Gains
3+ week, 4+ day ago (241+ words) The National Bank of Ethiopia's (NBE) Monetary Policy Committee has warned that supply shocks resulting from the war in Iran could reverse downward inflation trends. In a statement released today following the committee's sixth meeting, regulators put the headline inflation…...
China Targets 4. 5-5% GDP Growth This Year
1+ mon, 1+ week ago (573+ words) Govt Work Report also eyes robust domestic market, boost for R&D China has set its GDP growth target for 2026 at 4. 5 to 5 per cent, a moderate projection that experts said allows greater policy flexibility to focus on high-quality development while…...
Central Bank To Exit Gold Market End-2026, Private Banks Will Overtake: IMF
2+ mon, 3+ week ago (337+ words) Banks" merger and acquisition directive underway The National Bank of Ethiopia (NBE) will exit the gold market towards end of December 2026, giving venue for private banks involvement in the gold business. This is confirmed by the IMF in its Fourth…...
Will NBE's New LC Rules Pay Off?
2+ mon, 3+ week ago (1584+ words) In the four months since Eyob Tekalign (Ph D) was appointed to lead the National Bank of Ethiopia (NBE), leaving behind a post as a state minister of Finance, he has been faced with a series of pressing questions in the…...
Over "80pct of Federal Business Licenses went Dead in 2025: Market Intelligence Report
3+ mon, 2+ week ago (457+ words) The number of federally registered business licenses in Ethiopia plummeted by more than 80 percent last year, reversing a decade of exponential growth and leaving the country with a little more than 100, 000 licensed businesses. The fifth edition of the Labor Market…...
Ethiopia Records World's Sharpest Tax-to-GDP Ratio Decline In A Decade
8+ mon, 1+ week ago (623+ words) Ethiopia has suffered the sharpest and sustained crumble in tax-to-GDP ratio recorded anywhere in the world over the past decade, a new government-backed study reveals. The joint report by the Ministry of Finance and the Institute for Fiscal Studies (IFS)…...