Ethiopia’s Ministry of Revenue said it has collected a revenue of over $4.755 billion (191.4 billion birr) during the first eight months of the 2020/21 fiscal year which started on July 8, 2020.
Ethiopia's Ministry of Revenues announced that it has collected over 107.6 million birr in the past four months. The amount exceeds the target set for the period, standing at 103 percent.
The Ethiopian Ministry of Revenues announced it has collected over 70.11 billion birr during the first quarter of the Ethiopian fiscal year that started July 8, 2021. The amount stands at 91.24 percent of the over 76.84 billion birr revenue collection target the Ministry had set for the period.
The Ethiopian Ministry of Revenues signed a $7.5 million grant agreement with the Korea International Cooperation Agency (KOICA).
Adanech Abebe, Minister of the Ministry of Revenues, and Kim Su Jin, Director of KOICA, inked the agreement.
The Ethiopian Ministry of Trade is drafting amendment bill to lift the deadline set for business registration renewal. The amendment is needed to rectify problems relating to business license renewal.
“We are thinking of letting businesses renew their registration certificates until the end of the budget year,” Ali Siraj, state minister for Trade told Fortune.
