In late July, Ethiopian Prime Minister Abiy Ahmed introduced a new plan called the Homegrown Economic Reform Program (HGER 2.0). This program aims to fix some big problems in the country's economy, like high debt, rising prices (inflation), joblessness, and a struggling currency. The government wants to create a more stable and competitive economy, where the foreign exchange market works properly.
During a speech to the House of People's Representatives, Prime Minister Abiy made some sta...