Addis Ababa: The International Monitory Fund (IMF) executive board has approved a four-year 3.4 billion US dollars extended credit facility arrangement for Ethiopia.
The four-year financing package will support the Homegrown Economic Reform (HGER) Ag…
Addis Ababa: The international financial architecture created nearly 80 years ago needs to be reformed to respond to the most pressing challenges of African countries in a more effective and inclusive manner, Executive Secretary of the United Nations …
Addis Ababa: The public has contributed over 1.7 billion Birr towards the construction of the Grand Ethiopian Renaissance Dam (GERD) in the just concluded Ethiopian fiscal year.
Office of National Coordination for the Construction of the Dam announce…
Addis Ababa: The Ministry of Revenue of Ethiopia has announced a significant achievement in tax collection for the 2023/24 fiscal year, with over 512 billion Birr collected, according to a statement made during a high-level meeting in Arba Minch city,…
Addis Ababa: Prime Minister Abiy Ahmed announced today that Ethiopia has embarked on full implementation of macroeconomic reform policy.
In a macro-economic reform program policy statement issued today, Prime Minister Abiy elaborated that the governm…
Addis Ababa: Ethiopia’s agricultural export, which is up to 80 percent of the total, can grow immensely with value addition, Industry Minister Melaku Alebel said.
The minister stressed the need for consolidating efforts in agro-processing to utilize …