Financial sector reforms yield tangible results, says bank governor

Ethiopia's National Bank Governor Dr. Eyob Tekalgn stated that development efforts in the financial sector are yielding tangible results. This remark came during the Invest Africa 2026 forum in Addis Ababa. The Minister of Labor and Skills also emphasized the need for commitment in knowledge and skills.

During the Invest Africa 2026 forum held in Addis Ababa on March 3, 2018 (Fana BC), National Bank of Ethiopia Governor Dr. Eyob Tekalgn stated that development works in the financial sector's economic growth are yielding tangible results.

The forum focused on opportunities to strengthen East Africa's trade and investment capacity into usability. Dr. Eyob Tekalgn noted that Ethiopia is working to bring structural changes through the implementation of domestic and macro-economic reforms. He explained that in the reform process, learning from various countries, the results of economic growth in the financial sector are emerging.

Recognizing Invest Africa as an established market center from previous events, officials noted Ethiopia's readiness to utilize the opportunity. Minister of Labor and Skills Mufuriat Kamil responded that the era requires commitment to make the country effective with knowledge and skills. They disclosed that works are being undertaken to mobilize youth power and utilize the sector's capacity.

The forum was attended by high-level government officials, heads of international organizations, alumni, and job creators.

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