An additional 122 billion Birr budget prepared by the Ministry of Finance has been submitted to the Council of Ministers. The additional budget will be used for national security and humanitarian assistances. The budget will also be allocated to rehabilitating victims of war and conflicts as well as to other government functions, according to Ministry […]
Business
WFP Ethiopia Market Watch, November 2021
HIGHLIGHTS Inflation: Headline inflation which was recorded as the highest in a decade hitting 34.8 percent in September, slightly declined to 34.2 percent in October 2021. The food inflation that was standing at 42 percent in September, the highest in ten years, slightly reduced to 40.7 percent in October. The measure of change in price […]
East Africa Food Security Alert: December 29, 2021
Over 20 million people in need of urgent food aid in the Horn of Africa amid severe drought and conflict FEWS NET anticipates more than 20 million people in Ethiopia, Somalia , and Kenya will need urgent humanitarian food assistance in 2022 to prevent Crisis (IPC Phase 3) or worse outcomes. The sharp increase in […]
Scholars Urge Gov’t to Exploit Untapped Economic Opportunities within Africa
Ethiopian scholars have urged the government to design a sound strategy with a view to properly exploit the wider African economic opportunities including East African countries. It is to be recalled that the US administration has recently suspended Ethiopia from the African Growth and Opportunity Act (AGOA) that provides tariff and quota free market in […]
Council of Ministers Orders Signing of Coal Mining Dev’t with 8 Companies, Refers Other Bills to HPR
The Council of Ministers has decided today that the Ministry of Mines and Petroleum signs agreements with eight companies to produce and develop coal mining in the country. Efficient production and enrichment of coal mines in various parts of Ethiopia will be carried out by eight companies when the agreements are signed. According to the […]
Curriculum Validation Workshop on Food Security and Disaster Risk Management Development Programs
Addis Ababa University (AAU) College of Development Studies Centre for Food Security Studies conducted Disaster Risk Management curriculum development and Food Security curriculum review workshop at Ambassador Hotel on the 28th of December 2021. Shumete Gizaw (PhD), Director General for the Information Network Security Agency of the FDRE, in his opening speech sated that the workshop aimed […]
