guys in 3 years our currency በ demand and supply ይወሰናል ተብሏል what do u think the outcome will be i think it will be advantageous because we have to decrease our imports and increase our exports even tho we dont have that much products to export like the overvaluation of our currecy 1$36birr isn't the one main reason that is stopping us from exporting but it is definitely one of the reasons and what other better way is there to decrease import other than currency devaluation we literally import socks,niddles and bunch of other non-essential stuffs like that must stop እስኪ let's share ur thoughts
Oct 19, 2020Before taking measures to increase domestic production, something has to be done at our societies' mind. The people prefer fake item with known brand mark than quality Ethiopian product. This is because some people don't understand qualities and others think all Ethiopian products are trash. I know entrepreneur who producing socks in Ethiopia but it is limited to Addis and no regional sales is present even it is little known in Addis. This is due to lack of promotion and govt support. how many of us know there is Anbessa chama and use it and is it readily available? Just?? To decrease exports govt has to identify quality Ethiopian products and recommend people to use it and has to encourage entrepreneur who engage in producing new items.
Oct 20, 2020