Ethiopia Secures $311.5Mn from Exports in a Month
Ethiopia's Ministry of Trade and Industry announced that $311.5 million has been obtained from exports during the one-month period from October 11 to November 9, 2021. The amount stands at 86.8 percent of the $358.9 million target set for the period.
Ethiopia has obtained $390 million from exports of the manufacturing industry, Melaku Alebel, Ethiopia's Minister of Industry, announced. This, he pointed out, stands 87 percent of the target set for the period.
Ethiopian Coffee and Tea Authority announced $525.6 million has been obtained in five months from the export of coffee, tea and spices. The amount exceeds the target set for the period by 43 percent.
Ethiopia has secured over $668 million in remittance in two months, the Ethiopian Diaspora Agency announced. Selamawit Dawit, Director-General of the Ethiopian Diaspora Agency, noted that Ethiopia plans to obtain $4 billion during the Ethiopian fiscal year that started July 8, 2021.
