The National Bank of Ethiopia has introduced a new policy limiting foreign exchange trading spreads to 2%, effective October 16, 2024. This move marks a significant step in Ethiopia’s ongoing economic reforms, aiming to stabilize the currency market and increase transparency in forex transactions. Ethiopia shifted to a market-based exchange rate system in July 2024, […]
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In 2024, Brazil’s pursuit of fiscal stability is scrutinized. The Court of Auditors challenges the government’s strategy amidst revenue concerns. The dispute highlights the tension between fiscal discipline and government functionality, avoiding excessive austerity measures. TCU skepticism prompts debate on Brazil’s fiscal targets, urging reconsideration of financial strategies to protect essential public services. The government’s […]
