Business

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…

Business

UNHCR Regional Update #26: Ethiopia Emergency Situation, 15 December 2021

Key Developments ETHIOPIA On 7 December, the Under-Secretary-General Special Representative (USG SRSG) of the Secretary-General on Sexual Violence in Conflict, Ms. Pramila Patten, in a statement highlighted that “extreme brutality and sexual violence have been hallmarks of the conflict in Ethiopia’s Tigray region.”She added that amid increasing and spreading hostilities and a worsening humanitarian situation […]

Business

Ethiopia Effectively Managing Macroeconomic Imbalance Despite Recent Severe Economic Downturn

Despite the severe economic downturn in recent months, Ethiopia’s macroeconomic balance has not deteriorated significantly, Minister of Finance Ahmed Shide said. This was disclosed at the ‘Addis Weg’ expert’s as well as official’s round table discussion organized by the Office of the Prime Minister. In his remarks at the forum, Finance Minister Ahmed Shide explained about the […]