2merkato

Ethiopia harvested above 218.5 million quintals over the main harvest season according to the Central Statistical Agency. The Ministry of Agriculture had targeted to harvest 205 million quintals of crops based on the projections made by the agency earlier in the year.

The crop yield was scientifically calculated from a sample of 2,273 taken from across the country said Samiya Zekariya, Head of the Agency.

The harvest is the total production of smallholder farmers and represents a growth of 7.4% annual growth in comparison to the same harvest period last year. The farmers were able to farm more than 12.8 million hectares of land to produce the current harvest with an average productivity of 18 quintals per hectare.

Ethiopia has more than 70 million tons of iron ore deposit in Amhara, Oromia and Tigray states, the Geological Survey of Ethiopia announced.

The Federal Transport Authority disclosed the number of cars in Ethiopia has exceeded 831,000.

Ethiopia is holding the 2nd nationwide tax conference to develop a tax harmonization system and to enhance the capacity of tax administrations through human resource development and enhancing information technology to facilitate national economic growth.

The Ethiopian government is committed to strategic programs to strengthen the tax administration capacity and to improve the tax collection system towards sustainable economic development said Ahmed Shedi, Minister of State for Finance and Economic Development speaking at the opening of the conference held at the UN-ECA conference center. 

Ethiopia is set to hold national construction stakeholders’ conference from December 22 to 23 2016 in its capital Addis Ababa.