Business

PM Says Indicators Show Better Economic Growth

(ENA)Prime Minister Abiy Ahmed said that preliminary indicators show that Ethiopia, despite the various challenges, is expected to register better economic growth than last budget year. Premier Abiy responded to questions about the draft budget bill for 2014 fiscal year and current affairs raised  from members of the House of People’s Representatives (HPR) today. Against […]

Business

Financial Sector Registering Commendable Achievements in Past Years: PM Abiy

(ENA) The financial sector in Ethiopia has been registering commendable achievements over the past three years, Prime Minister Abiy Ahmed said. The Prime Minister disclosed this to members of the House of People’s Representatives (HPR) today. During the occasion, the Prime Minister stated that the total assets of banks have increased significantly. Efforts have been […]

Business

HPR Approves Over Half Trillion Birr Budget for Upcoming Ethiopian Fiscal Year

(ENA) The House of People’s Representatives (HPR) has approved 561.7 billion Birr budget for the Ethiopian Fiscal Year 2014. Responding to questions posed by members of the House of People’s Representatives (HPR) about the budget today, Prime Minister Abiy Ahmed emphasized the need for increasing productivity in key sectors and mobilizing domestic financial resources for […]