Mon. Dec 4th, 2023

Loading

“I will lend more than 100 billion birr” – Commercial Bank of Ethiopia

The Commercial Bank of Ethiopia (CBE) has announced that it is ready to provide over 100 billion birr loan to the private sector, agricultural inputs and public enterprises in the current budget year.

Of this amount, 25 billion birr is for the private sector, 30 billion birr for agricultural inputs and the rest for public enterprises.

The money will greatly stimulate the economy; It is said to contribute to job creation.

The lifting of the government’s loan ban will have a significant impact on the country’s economy, ENA reported.

Follow us on:

YOUTUBE  FACEBOOK   TELEGRAM    GOOGLE NEWS  TWITTER  INSTAGRAM   PINTEREST 

Subscribe and Follow us via Email

If you have any comment regarding this article contact us at contact@ethiopianstoday.com

 

By Chala Dandessa

I am Lecturer, Researcher and Freelancer. I am the founder and Editor at ETHIOPIANS TODAY website. If you have any comment use caalaadd2@gmail.com as email contact. Additionally you can contact us through the contact page of www.ethiopianstoday.com.

Leave a Reply