Ethiopia's Ministry of Finance has issued a directive allowing importers of essential foodstuffs to use franco-Valuta privileges without waiting for foreign exchange permits and import their items directly through the Customs Commission.
The Ministry says that Ethiopians in the diaspora are calling on the government to expedite Franco Valuta's licenses by taking into account the current inflation and in order to allow more Ethiopians living abroad to play their part.
The Ministry says that to comply with a letter dated 20 December 2020 by the Ministry of Finance with regard to taxation implementation, the implementation of the directive allowing Franco-Valuta privileges will be closely monitored by the concerned parties.