2merkato

The Ethiopian Ministry of Finance and Development denied rumors about wheat scarcity on the local market. The Ministry said that it had distributed 8 million quintals contributing to the decline in the inflation of food items for the month of December.

Rumors that a shortage of wheat could translate into a scarcity of bread on the market in the next 2 weeks are unfounded said the Ministry.

There is currently 2 million quintals of wheat in stock and the government intends to supply a total of 4 million quintals to the market within  the first week of the coming February said Haji Mohammed, Head of Public Relations with MoFED.

The Ethiopian Ministry of Urban Development and Construction issued a detailed implementation strategy for the proper enactment of the land lease proclamation on December 26, 2012.

The strategic plan helps with the proper implementation of the proclamation according to Israel Tesfaye, Head of the Ministry’s Land Development and Administration Bureau.

The plan aims at addressing issues including land development, rehabilitation and transfer as well as cadastral information management in a demarcated manner in the industrial zones. The implementation strategies are also expected to help embrace all zones within the lease system.

Ethiopia's Ministry of Health and Job Creation Commission (JCC) have signed a trilateral memorandum of understanding (MoU) with the UAE-based Response Plus Holdings PJSC in a bid to boost employment opportunities of Ethiopians in the UAE.

A modern mining geochemistry laboratory is going to be built in Ethiopia. The Ministry of Mines signed an agreement with SGS, a renowned verification, testing, and certification company, for the construction of the laboratory which costs USD 50 million.

The Ministry of Revenues and the Commercial Bank of Ethiopia have signed a bilateral agreement on the provision of services for the collection and administration of income tax.