Ethiopia announced it has secured over $676 million during the first two months of the Ethiopian fiscal year that started July 8, 2021, surpassing its target of $643 million for the period by over 5 percent.
Ethiopia has collected $90 million in revenues from the export of electricity to its neighbors Sudan and Djibouti in the Ethiopian fiscal year recently ended on July 7, 2021, Ethiopian Electric Power (EEP) related.
Ethiopia's Ministry of Agriculture said it has collected $906 million from coffee export in the Ethiopian fiscal year concluded on July 7, 2021.
Ethiopia's Minister of Revenues has collected 196.7 billion birr in seven months, the Minister said. The amount stands at 92.45 percent of the target set for the period.
Ethiopia’s Ministry of Finance has finalized a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), formalizing a debt treatment agreement first reached in principle in March 2025. The deal grants Ethiopia over USD 3.5 billion in debt relief, marking a step toward restoring long-term public debt sustainability after years of negotiations.
