Despite the government’s efforts to curb inflation and ensure a minimum standard of living for Ethiopians, it seems that not much has changed. Ethiopians are, in my opinion, remarkably adaptable individuals with a high tolerance for suffering and hardship. Personally, the high cost of living has taught me one thing: those who can afford it should focus on investments and minimize cash savings in banks. - Advertisement -In my opinion, individuals should keep in the bank only the cash they need for emergencies, and not much more. Loans are, in my opinion, our only viable option to keep up with the soaring prices of assets.

Source: Ethiopian News February 24, 2024 20:50 UTC