FXD/61/2019 External loan in kind

The Directive No. FXD/61/2019, issued by the National Bank of Ethiopia, regulates external loan in kind by setting out the terms and conditions for acquiring capital goods from foreign lenders through sale, lease, or other arrangements. The directive outlines the eligibility criteria for borrowers, requirements for approval and registration, all-in-cost ceilings, repayment procedures, and applicable laws, with the aim of creating an enabling regulatory environment for alternative sources of external loan in kind in Ethiopia.