Addis Ababa, October 14, 2020 – The second round National Risk Assessment Study kicked off in the presence of higher officials and representatives of World Bank Group.
The study is aimed to weigh the risk of money laundering and terrorism financing to Ethiopia.
While opening the study, Minister of Ministry of Peace, Muferihat Kamil said that the study kicked off at a time where Ethiopia is bracing for joining the international financial system extending gratitude to World Bank for its support in doing so.
East African Region Director at the World Bank Group, Ousman Edione reaffirmed continued support for Ethiopia’s endeavors to realize well-built resilience against financial crimes.
It is indicated on the occasion that National Risk Assessment study is crucial for Ethiopia in order to address the risk of money laundering and terrorism financing.
The assessment study has a paramount significance in line with enabling stakeholders to better understand the types and sources of financial crimes risks that could exist in Ethiopia, is stated on the occasion.