Council of Ministers endorses establishment of stock market in Ethiopia

December 22, 2020 (FBC) – Prime Minister Abiy Ahmed stated that the Council of Ministers passed key decisions including establishment of stock market in Ethiopia.

The Premier said that cabinet has endorsed the establishment of a stock market, a regulation providing for an insurance mechanism for bank deposits.

According to the Prime Minister, the council of Ministers also amended the Defence Forces proclamation with a view to strengthen the Ethiopian National Defence Force.