Ethiopia: Ethiopia bans import of 38 items including packed food
Link to report:
The forex shortage in the country is becoming critical and the Government of Ethiopia (GOE) has banned 38 different products which are considered luxury items which include packaged food, household items, furniture, beauty products and automobiles, and different type of liquor imports in a circular order written by the Ministry of Finance to the National Bank of Ethiopia (NBE) on October 14, 2022. The GOE has reached to this decision to utilize the limited hard currency available for import of important items like medicines, agricultural inputs, capital goods and raw materials for local industries.
