Birr devaluation targets sustainable benefits for public-GCAO

The Office of Government Communication Affairs (GCAO) has indicated that the recently undertaken devaluation of foreign currency (USD) is aimed at ensuring sustainable benefits for the public at large.

The Office, in its weekly statement, noted that the measure is targeted at ensuring sustainable development for the country and benefits for the public in various ways.

As such a measure is expected to pose some challenges on consumers; the government has tailored various strategies to significantly abate them at the same time.

Some traders are illegally trying to capitalize on the occasion and the government has planned to establish a taskforce inculcating consumers to contain such ill-conceived deeds, the statement underlined.

Dear readers, you can read the full content of the office’s statement from our Amharic page.