The Ethiopian Embassy in Islamabad announced the second Ethio-Pakistan Business Forum, scheduled for late May in Ethiopia. This forum builds on the success of previous editions, aiming to deepen economic ties between the two nations.
Ethiopia can expect to receive more than 511 million US dollars from the tourism industry this year according to Tesfaye Getahun, Tourism Development and Marketing Coordinator for the Tourism Ministry.
The anticipated revenue will exceed the amount from the last fiscal year by approximately 194 million US dollars said Tesfaye. This revenue is in step with the consistently increasing numbers of tourists to the country every year he added.
Ethiopia anticipates that revenue generated from the mining sector will add up to 849 million US dollars in the newly started financial year according to the Ministry of Mines.
Artisan miners are expected to raise 70.7% of the revenue projected for the financial year, revenue estimated at 600 million US dollars from the supply of 13,200 kilograms of Gold to the National bank of Ethiopia and selling 18,000 kilograms of artisan mined minerals.
Ethiopia is planning to earn U.S $ 47.48 Million during the holy fasting Ramadan month, from the export of meat and animals. The export destinations are said to be the Middle East countries.
Ethiopian Standards Agency (ESA) disclosed 706 standards that are under 8 categories have been approved. According to the Director General of the Agency, Endalew Mekonnen, among the 706 standards, 293 of them are new.
