The National Bank of Ethiopia (NBE) announced that it will be conducting a Special Foreign Exchange Auction tomorrow on August 7, 2024.
Depending on market conditions, additional foreign exchange auction may be conducted over the coming weeks, it re…
Continue ReadingThe full implementation of macroeconomic policy in Ethiopia will guarantee national development by creating stable, comprehensive and sustainable economy, senior government officials underscored.
Ethiopia has embarked on full implementation of macro…
Continue ReadingThe implementation of Ethiopia’s macroeconomic policy will enhance the country’s monetary and fiscal policies in addition to its contribution to modernize the existing foreign exchange administration, Finance and Planning and Development ministries s…
Continue ReadingThe government of South Korea has decided to provide a total of 7 million USD assistance to the conflict-affected and vulnerable regions of Ethiopia through international aid agencies.
The assistance aims to support the Disarmament, Demobilization, …
Continue ReadingAddis Ababa: Social welfare is a key pillar of Prime Ministerial initiatives, with a focus on the annual renovation and construction of homes for the elderly and economically vulnerable, according to Office of the Prime Minister.
This ongoing transfo…
Continue ReadingAddis Ababa: Ethiopia’s Ministry of Finance has announced preparations to present an additional budget of over 550 billion Birr to be approved by the House of People’s Representatives for the 2024-25 fiscal year.
Recall that the House of People’s Rep…
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