NBE governor Mihretu: Ethiopia’s journey towards digital payments and inclusive financial services

In 2021, Ethiopia embarked on an audacious journey with the launch of its National Digital Payments Strategy (NDPS). This initiative was more than a policy reform; it was a bold stride towards reshaping the country’s economic landscape into one that is more inclusive, efficient, and prosperous. As we edge closer to the culmination of the first phase of the strategy’s implementation in 2024, it is crucial to take stock of the ground we’ve covered, the hurdles we’ve overcome, and the significant strides we’ve made towards a digital-first financial ecosystem.