Tag Archives: Economic Growth for Eritrea

Eritrea to Implement Bold Monetary Policy Reforms

Eritrea: Major Fiscal and Monetary Reforms promised for 2013

By TesfaNews,

The Red Sea State of Eritrea will introduce major fiscal and monetary reforms as of the beginning of 2013 in order to meet macroeconomic challenges by creating a more conducive environment for the development of private investment in the country.

Finance Minister, Mr. Berhane Habtemariam, informed the more than 700 citizen investors that gathered at the second National Investment Conference in the capital that the government would make major reforms at the existing monetary and fiscal policies with a view of ensuring economic growth through encouraging private investment prospects in the domains of agriculture, manufacturing and tourism. Continue reading Eritrea to Implement Bold Monetary Policy Reforms