It was announced that the production movement in Ethiopia is being done to reduce the shortage of foreign currency

It was announced that the production movement in Ethiopia is being done to reduce the shortage of foreign currency The Ethiopian Production Office has announced that efforts are being made to reduce the shortage of foreign currency in the Ethiopian production movement. Ayana Zewde, the coordinator of the office, told Fana Broadcasting Corporation that the lack of foreign currency has become a major challenge for manufacturing industries. He pointed out that the work of replacing products in the country which is being implemented to reduce the problem is bringing results. He also explained that 37 million US dollars, which was spent only for uniforms for Addis Ababa students, was replaced in the country and foreign currency was avoided. Selshi Lemma, the deputy director general of the Institute of Manufacturing Industry Development at the Ministry of Industry, said that he was able to replace clothes that were imported in the past years. At present, more than 80 percent of the manufacturing factories are engaged in this work.

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