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Regulations - Financial

Ethiopian Customs Commission tightens the regulation of goods imported without foreign currency payments (Franco-Valuta)

Apr 09, 2025

The National Bank of Ethiopia (NBE) confirmed the repeal of the decades-old Establishment Proclamation No. 691/2000, replacing it with the more robust NBE Proclamation No. 1359/2017
Non-commercial Franco-Valuta requests from government agencies, NGOs, and international organizations must now be vetted by Customs Operations Managers and approved only by senior Customs Office Managers
you can check the NBE proclamation here: https://nbe.gov.et/wp-content/uploads/2025/03/National-Bank-of-Ethiopia-Proclamation-13592025.pdf