
Similar Posts

Ministry of Revenue Collects 53 bln Birr in October
Spread the NewsLaqe Ayalew, Minister of Revenue, said Thursday that the Ministry has collected 53 billion Birr in last month, which is 95.26 percent of the plan. The Ministry has initially planned to collect 56 billion Birr. Compared to the same period last year, the plan showed an increase of 9 billion Birr or 21.82…

Akufada Microfinance S.C. to launch operations in Debre Birhan
Spread the NewsAkufada Microfinance Share Institution Company is set to launch its operations on Saturday, October 22 in Debre Birhan city, where the headquarters located. Officials of the institution held a presser in Addis Abeba at Ras Amba Hotel. “We’ll start operations in Debre Birhan and we’ve a plan to expand our branches to 50…
Ethiopia’s inflation rate dwindles for first time in four months
Spread the News Ethiopian Statistics Agency (ESA) announced Tuesday that nation’s inflation rate has decelerated in June 2022 for the first time in four months as food prices increased at the slowest pace since August 2021. The annual inflation in Ethiopia has declined to 34% in June to 37.2% in May, 2022. Food inflation, on…

Ethiopia, Djibouti ink MoU to utilize livestock terminal at Doraleh Multi-Purpose Port
Spread the NewsEthiopia and Djibouti signed a Memorandum of Understanding (MoU) on Tuesday to utilize the livestock terminal at Djibouti’s Doraleh Multi-Purpose Port. A delegation led by Mr. Oumer Hussien Oba, Minister of Agriculture, signed the MoU with Mr. Mohammed Ahmed Awaleh, Minister of Agriculture, Water, Fisheries, Livestock, and Marine Resources of the Republic of…

City Cabinet approves 100 bln Birr budget for 2022/23 fiscal year
Spread the NewsThe Addis Abeba City Administration Cabinet has approved a budget of 100.05 billion Birr for the 2022–2023 Ethiopian fiscal year. The upcoming fiscal year will begin on July 8. The proposed expenditure plan was approved by the Cabinet during its eleventh regular meeting of its first term on Tuesday, June 28, 2022. Adanech…

China praises mutual understanding, support in ties with Ethiopia
Spread the NewsWith mutual understanding and support on major international issues, Ethiopia and China have been working closely at global and regional levels, said a statement from the Embassy of People’s Republic of China in Ethiopia. “China speaks highly of the above cooperation. China will adhere to its consistent position and oppose external forces interfering…