A five-year project that restores over 13,000 hectares of degraded land in selected watersheds of Amhara, Oromia and Sidama regions was launched today. Restoration of the degraded lands will focus on the Blue Nile basin to avert forest degradation and gradually reduce over-flooding and sedimentation, it was learned. The project, which is expected to restore […]
Business
Ethiopia Asks US to Reconsider Its Decision to Terminate Ethiopia from AGOA
The Government of Ethiopia deeply regrets the decision of the US government to terminate the continued eligibility for trade benefits under the African Growth and Opportunity Act (AGOA), according to Ministry of Trade and Regional Integration. “We strongly encourage the U.S government to reconsider its decision,” statement released by the ministry added. The Ethiopian Government […]
Nation Announces Some 5 Billion Birr Additional Budget for Rehabilitation of War-Victims
Minister of Finance Ahmed Shide said that an additional 5 billion Birr budget has been allocated in order to rehabilitate the war-affected people. The Rehabilitation Secretarial Executive Committee, which is chaired by the Ministry of Finance, has already presented its request for additional budget to the Council of Ministers. The additional budget will be approved […]
Delisting Ethiopia from AGOA by US: weaponizing foreign Aid
Ethiopia was one of the very first recipients of American assistance, beginning in 1951 under the administration of President Harry Truman. During the terrorist TPLF dominated EPRDF Ethiopia receives more than $3 billion a year in foreign aid. This was obvious because it was the US who assisted terrorist TPLF to assume political power in […]
Ethiopian in Final Stage to Return B737 MAX Fleet to Service
Ethiopian Airlines said that it has been in the final stage to return B737 MAX fleet to service with the first flight expected on 01 February 2022. Ethiopian Airlines Group CEO Tewolde GebreMariam said Ethiopian Airlines is in line with this guiding principle that the airlines is now returning the B737 MAX to service not […]
Terrorist TPLF Destroys over 266 Bil Birr Worth of Wealth in Agricultural Sector In Amhara Region Alone
The terrorist TPLF has destroyed more than 266 billion Birr worth of wealth in the agricultural sector alone during its occupation of areas in Amhara region, regional Agriculture Bureau said.The group had destroyed and looted public and private proper…