Ethiopian government aims to control old birr notes to not enter the country from the neighboring countriesPrime Minister Abiy Ahmed talks the new Ethiopian birr notes on Monday. Photo : OPMborkenaSeptember 14, 2020The National Bank of Ethiopia announced that 2.9 billion Ethiopian birr is ready for distribution to different parts of the country. Governor of National Bank of Ethiopia Yinager Dessie said 3.7 billion birr is spent for printing the new banknotes. According to information from The National Bank of Ethiopia, billions of Ethiopian birr is said to be illegally circulating in the neighbouring countries. On Monday Ethiopia introduced new banknotes for three denominations and introduced one new denomination.

Source: Ethiopian News September 14, 2020 21:33 UTC