The government prints money and the National bank lends the money to the commercial Banks. The illegally hoarded and transacted money hampers economic planning because the amount of money in circulation is unknown. When the old currency pour to banks because of the introduction of a new one, financial power also shifts from gangsters to the government. These days hearing news about the capture of illegal money at border towns is no longer uncommon. This again restrains illegal traders to change their illegally-gained money into property.

Source: Ethiopian News October 04, 2020 07:30 UTC