Ethiopia’s Tax Revenue Stands at 63 Billion Birr
Ethiopia’s government has collected 63 billion Birr from tax in the first quarter of the current fiscal year. This was disclosed by the Ethiopian Revenue and Customs Authority (ERCA).
Ethiopia’s Toll Road Made 145.7 Million Birr
Ethiopia’s solo expressway company, Ethiopian Toll Road Enterprise, made a total of 145.7 million Birr during the first 9 months of the current fiscal year. The income, which was 98 percent of the Enterprise’s target, was disclosed by Ministry of Transport (MoTr) during its 9 months report to the House Peoples’ Representatives.
Ethiopia’s Total Debt Reaches USD 51.8 Billion as Domestic Borrowing Rises
Ethiopia’s total public debt has reached USD 51.8 billion, with domestic borrowing showing an increase, the Ministry of Finance said.
Ethiopia’s WTO Accession Process Gains Momentum as Officials Highlight Progress
Ethiopia’s negotiations to join the World Trade Organization (WTO) have entered an important stage, with senior government officials noting renewed progress in the accession process.
Ethiopia’s Year-on-Year Inflation Dropped to 5.6 Percent in September
A data released by Ethiopian Central Statistics Agency (CSA) revealed the nation’s year-on-year inflation rate fell to 5.6 percent in September from 7.2 percent in August. This is said to be due to a slower sdrise in food and other prices.
