what is the main objective of NBE?

Updated: 5/29/2023
User Avatar

Yosef Daniel

Lvl 1
4mo ago

Best Answer

National Bank of Ethiopia (NBE):

The National Bank of Ethiopia (NBE) is the central bank of Ethiopia. Its primary objective is to formulate and implement monetary and banking policies that promote the stability and development of the country's financial system. The NBE plays a crucial role in regulating and supervising financial institutions, managing the country's foreign exchange reserves, and promoting financial inclusion. The bank's overarching objective is to ensure price stability, foster economic growth, and maintain a stable and sound financial environment within Ethiopia.

User Avatar


Lvl 2
4mo ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the main objective of NBE?
Write your answer...
Still have questions?
magnify glass