Abdulmenan M. Hamza

Abdulmenan M. Hamza's Articles

Ethiopia's Closed Financial System Can't Open the Door to Innovation

Feb 1 , 2025 . By Abdulmenan M. Hamza

For one-and-a-half decades, Ethiopia's state-led economic growth model generated impr...

Will New Reforms End the Era of State-Induced Financial Risk?

Jun 15 , 2024 . By Abdulmenan M. Hamza

The National Bank of Ethiopia (NBE) has issued several crucial reforms targeting the...

Ethiopia's Tumultuous to Liberalise Forex Market Journey Amid IMF Pressure

Apr 29 , 2023 . By Abdulmenan M. Hamza

Last month, Ethiopia hosted a team from the International Monetary Fund (IMF) as they...

Forced Treasury Bond Sales Self-Inflicted Wound to the Government

Nov 12 , 2022 . By Abdulmenan M. Hamza

A couple of weeks ago, the National Bank of Ethiopia (NBE) issued a directive compell...

Foreign Banks Entry Lifts Up Financial Sector, If Done Right

Sep 17 , 2022 . By Abdulmenan M. Hamza

Earlier this month, the Council of Ministers passed a bill that opens the banking ind...

Gas Pump Prices Had Better Times. What's Up Lately?

Jul 23 , 2022 . By Abdulmenan M. Hamza

One of the woes affecting Ethiopia's economy is an oil price shock. Due to the Russia...

Economic Policy Muddle Coming Home to Roost

Mar 19 , 2022 . By Abdulmenan M. Hamza

For any curious observer of Ethiopia's economy, there has not been any time as the pa...

Non-curious Statist Model 'Killed' the Financial System to Reward Borrowers

Aug 28 , 2021 . By Abdulmenan M. Hamza

The philosophical basis under which the Ethiopian developmental state model rests has...

With Inflation Knocking Loudly, Central Bank's Inaction Deafening

Aug 14 , 2021 . By Abdulmenan M. Hamza

Inflation has been one of the severe economic woes over the past decade and a half. A...

State-sanctioned Treasury Bills Spoils Gov't, the Market Offers Salvation

Jul 31 , 2021 . By Abdulmenan M. Hamza

The move towards a market-based treasury bills' auction is one of the significant ste...

The Four Deadly Sins of the Bureaucracy: Corruption, Malpractice, Waste, Sloth

Jul 18 , 2021 . By Abdulmenan M. Hamza

An editorial on this publication, headlined "Absent Competent Bureaucracy, Economic P...

Mortgage Banks' Admirable Gesture but Unattainable Strategy

Jun 12 , 2021 . By Abdulmenan M. Hamza

In recent years, private mortgage banks are knocking on the doors of the Ethiopian ba...

Abdulmenan M. Hamza