Since October 2017, the National Bank of Ethiopia (NBE) made a series of monetary policy adjustments such as devaluating the local currency, increasing the interest rate, and introducing a credit ceiling on commercial banks in an attempt to sustain the economic growth achieved in the last decade. However, the policy alterations have had mixed outcomes. Investors, especially those engaged in the service sector, complain about the lack of available credit, which they say worsened after the NBE made the policy changes. On the other hand, the banking industry continues to perform better despite challenges. EBR’s Samson Berhane investigates the different impacts of the monetary policy implemented in recent months.