The Ethiopian Ministry of Trade and Regional Integration announced revised retail prices for fuel, effective from tomorrow December 10, 2021. The Ministry cited depletion of the fuel price stabilization fund, mentioning the fund kept fuel prices stable despite continuous global price rise of fuel, as one of the reasons for the price increment.
Ethiopia's population has reached an estimated 135.3 million, according to the 2025 World Population Report released by the United Nations Population Fund (UNFPA). The milestone comes as the country embarks on revising its National Population Policy, originally adopted in 1985.
Ethiopia implements a new vehicle insurance policy. Previously, the maximum death claim was capped at 5,000 birr, but the new policy raises this to a range of 30,000 to 250,000 birr.
Ethiopia has saved $2.8 million during the fiscal year that ended on July 7, 2020, Dagmawit Moges, Ethiopia's Minister of Transport said. This, she related, is due to a reform undertaken to improve the logistics sector.
Ethiopia save an estimated 20 million US dollars on oil imports by blending more than 32.8 million liters of ethanol with benzene said the Ministry of Water and Energy.
A major percentage of the ethanol produced within the country in this financial year was used for blending with Benzene according to Bizuneh Tolcha, Director of the Public Relations and Communications Directorate of the ministry.
The percentage of ethanol to benzene in the blending process has been increased from just 5% three years ago to 10% in the last year allowing Ethiopia to save more than 20 million IS dollars on oil imports said Bizuneh.
