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Leaving foreign exchange rates determined by the market “will do nothing to solve our permanent and fundamental problems, except to exacerbate inflation.” For example, Ethiopia’s Civil Society Justice Party/Ezema/party, market leaders oppose monetary policy reforms.
Ezema, yesterday, Wednesday, July 24, 2016. In a statement, the government “takes full responsibility for any disruption that may have resulted from the macroeconomic reforms implemented earlier this week,” he said.
“It is not the right time,” said Natu Wolde, a secretary to Ezema’s cabinet.
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