The National Bank Of Tigray is being organised.
The national bank of Tigray will have autonomy to promote
international trade and support investors in Tigray in procuring
hard currency.
The National Bank of Tigray should be administered by national government of Tigray.
Tigray needs to industrialize it's economy and needs to have direct control over it's import and export trade.
Tigray can trade with Ethiopia's regional state with local currency or hard currency (Dollar , pound).
With foreign countries in Middle East, Europe and Africa, Tigray trades with hard currency, directly transferrable to The National Bank of Tigray
Tigray and Tigrayans should focus on building a robust and sound economy. No time for politicking thay is worthless, which is dragging Tigray to 19th Century power rivalry. Tigrayans should ignore Ethiopians and focus on their own survial as a nation. Tigray means a lot to the world. Tigray's survival and development as anation and polity is important to the developed nations as Tigray is one of the ancient civilisation on earth.
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Re: The National Bank of Tigray in the making
The Tigray National Government in Mekelle should negotiate with Ethiopia to get permission to organise The National Bank Of Tigray as Tigray is still formally part of Ethiopia.
Negotiatons could be on fees payable to Ethiopia, on possibilities of Tigray lending Ethiopia money if not on use by The National Bank of Tigray etc
The NationaL Bank of Tigay helps Tigrayans develop their economy better and opens them a good opportunity to compete in the internaitonal markets.
Tigray is close to Middle East and Europe, which means import and export trade is less expensive, but more profitable.
Tigrayans should compare themselves with Europeans and Asians in terms of developing the economy and technology now used.
Negotiatons could be on fees payable to Ethiopia, on possibilities of Tigray lending Ethiopia money if not on use by The National Bank of Tigray etc
The NationaL Bank of Tigay helps Tigrayans develop their economy better and opens them a good opportunity to compete in the internaitonal markets.
Tigray is close to Middle East and Europe, which means import and export trade is less expensive, but more profitable.
Tigrayans should compare themselves with Europeans and Asians in terms of developing the economy and technology now used.
Re: The National Bank of Tigray in the making
Abey neirkum kesab kezi,beaka aynet sebat deyu ezi kulu neger kekewn leke'el,abziy zelekum kullukum alem zefeltekum guhaf ikum.Nai tarik hatelaEthioRedSea wrote: ↑17 Dec 2019, 09:42The National Bank Of Tigray is being organised.
The national bank of Tigray will have autonomy to promote
international trade and support investors in Tigray in procuring
hard currency.
The National Bank of Tigray should be administered by national government of Tigray.
Tigray needs to industrialize it's economy and needs to have direct control over it's import and export trade.
Tigray can trade with Ethiopia's regional state with local currency or hard currency (Dollar , pound).
With foreign countries in Middle East, Europe and Africa, Tigray trades with hard currency, directly transferrable to The National Bank of Tigray
Tigray and Tigrayans should focus on building a robust and sound economy. No time for politicking thay is worthless, which is dragging Tigray to 19th Century power rivalry. Tigrayans should ignore Ethiopians and focus on their own survial as a nation. Tigray means a lot to the world. Tigray's survival and development as anation and polity is important to the developed nations as Tigray is one of the ancient civilisation on earth.
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- Member
- Posts: 4089
- Joined: 31 Aug 2019, 11:55
Re: The National Bank of Tigray in the making
The National Bank of Tigray is the garauntee to develop a robust economy.
The likes of Mesfin Engineering could access markets in Africa and Asia if there is a possibility of getting transfer of transaction to a reliable bank, which could be the national Bank of Tigray. Ethiopia's banks are unreliable as the country is in political turmoil (civil war between Oromos and Amharas might change every thing ) with uncertain outcomes, which could affect the transfer of goods to foreign countries via any bank in Ethiopia.
Tigray and Tigrayans should focus on manufacturing and improving agriculture.
Tigrayans should be able to provide their villages with abundant water, electricity and a road network, connecing each village of Tigray with one another should be in place. All these can be done if there is a reliable source of hard currency to get the industrial equiment for manufacturing.
Tigray's economy should be based on producing heavy industry like tracks, tractors, robust cars which are one step ahead of the current automotive industry. The pharmaceutical and textile industries could open Tigray opportunities in internatiional market. Machine building industries could be very important in providing Tigrayan villages with basic equipments for housing construction, water drilling, farming etc.
Tigrayans and Tigray should forget Ethiopia and build their own country. Ethiopia is too primitive and the people are backwards to understand the need to industrialize their economy. They rather are bent on destroying what is build by others.
The likes of Mesfin Engineering could access markets in Africa and Asia if there is a possibility of getting transfer of transaction to a reliable bank, which could be the national Bank of Tigray. Ethiopia's banks are unreliable as the country is in political turmoil (civil war between Oromos and Amharas might change every thing ) with uncertain outcomes, which could affect the transfer of goods to foreign countries via any bank in Ethiopia.
Tigray and Tigrayans should focus on manufacturing and improving agriculture.
Tigrayans should be able to provide their villages with abundant water, electricity and a road network, connecing each village of Tigray with one another should be in place. All these can be done if there is a reliable source of hard currency to get the industrial equiment for manufacturing.
Tigray's economy should be based on producing heavy industry like tracks, tractors, robust cars which are one step ahead of the current automotive industry. The pharmaceutical and textile industries could open Tigray opportunities in internatiional market. Machine building industries could be very important in providing Tigrayan villages with basic equipments for housing construction, water drilling, farming etc.
Tigrayans and Tigray should forget Ethiopia and build their own country. Ethiopia is too primitive and the people are backwards to understand the need to industrialize their economy. They rather are bent on destroying what is build by others.
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Re: The National Bank of Tigray in the making
EthioRedSea wrote: ↑17 Dec 2019, 13:56The National Bank of Tigray is the garauntee to develop a robust economy.
The likes of Mesfin Engineering could access markets in Africa and Asia if there is a possibility of getting transfer of transaction to a reliable bank, which could be the national Bank of Tigray. Ethiopia's banks are unreliable as the country is in political turmoil (civil war between Oromos and Amharas might change every thing ) with uncertain outcomes, which could affect the transfer of goods to foreign countries via any bank in Ethiopia.
Tigray and Tigrayans should focus on manufacturing and improving agriculture.
Tigrayans should be able to provide their villages with abundant water, electricity and a road network, connecing each village of Tigray with one another should be in place. All these can be done if there is a reliable source of hard currency to get the industrial equiment for manufacturing.
Tigray's economy should be based on producing heavy industry like tracks, tractors, robust cars which are one step ahead of the current automotive industry. The pharmaceutical and textile industries could open Tigray opportunities in internatiional market. Machine building industries could be very important in providing Tigrayan villages with basic equipments for housing construction, water drilling, farming etc.
Tigrayans and Tigray should forget Ethiopia and build their own country. Ethiopia is too primitive and the people are backwards to understand the need to industrialize their economy. They rather are bent on destroying what is build by others.
Keep up the good work Tigray woredas are with you and you are in their hearts.
Re: The National Bank of Tigray in the making
EthioRedsea,
ይህን ስትል እኮ መጥፎ ሟርት እያሟረትህ ነው "...(civil war between Oromos and Amharas might change every thing ).."
From what we all see up to this time, the province of Tigray is wallowing in an abyss of big trouble worse than the rest of the country. Stop pretending. This province, to me likens once the unfortunate place of Iraq where Saddam Hussiens's hiding den was located. Forget, the bank talk about the fate ofኤፈርት. Where is it going to hide the mone(if it is there)? Will it turnover the money to its rightful owners, the Ethiopian people? Many stuff stolen from proper Ethiopia are in the hiding den.
ይህን ስትል እኮ መጥፎ ሟርት እያሟረትህ ነው "...(civil war between Oromos and Amharas might change every thing ).."
From what we all see up to this time, the province of Tigray is wallowing in an abyss of big trouble worse than the rest of the country. Stop pretending. This province, to me likens once the unfortunate place of Iraq where Saddam Hussiens's hiding den was located. Forget, the bank talk about the fate ofኤፈርት. Where is it going to hide the mone(if it is there)? Will it turnover the money to its rightful owners, the Ethiopian people? Many stuff stolen from proper Ethiopia are in the hiding den.