Ethiopia embarks on comprehensive macroeconomic reform

ADDIS ABABA, July 29 (Xinhua) -- The Ethiopian government announced on Sunday that it has officially embarked on the implementation of its comprehensive macroeconomic reform policy.

"The macroeconomic reform policy aims to correct foreign exchange distortions, solve the structural balance of payment deficits, and reduce inflation by modernizing the monetary policy framework," said a statement issued by the Offic