Whereas, it has become necessary to limit the Birr holding amount for persons entering into and departing from Ethiopia;

Whereas, it has also become necessary to set the conditions, limitations and circumstances under which Ethiopians, residents of Ethiopia, and non-residents or any other person who may possess and utilize foreign currency;

Now, therefore, pursuant to Articles 18(6), 20 (2) and 27(2) of the National Bank of Ethiopia Establishment (as Amended) Proclamation No. 591/2008, these directives are hereby issued as follows: