2merkato

Ethiopia has established an independent private sector advisory council, hoping to elevate the involvement of the private sector in the economy. The council has twelve members.

Ethiopia has launched a national resource mobilization committee tasked with coordinating efforts of gathering financial and non-financial materials for COVID-19 emergency preparedness, the Office of the Prime Minister of Ethiopia announced in a tweet.

In the tweet, the Office of the Prime Minister noted: "such periods require the effort and contribution of each individual," highlighting the need for collective and concerted efforts to help one another in times of great need as the way to overcome. 

Members of the national committee have donated their one-month salary to the national COVID-19 resource pool, it was learned.

As per the Prime Minister's directive, 184 of the Office of the Prime Minister Office's 289 staff will work from home for the coming two weeks.

Source (Including Image): Office of the Prime Minister - Ethiopia (Twitter)

Ethiopia's Ministry of Finance announced that the Ethiopian government has "chosen to postpone the [partial] privatization process" of Ethio Telecom.

The Revenues and Customs Authority of Ethiopia has submitted a shortlist of six companies to conduct a national revenues potential study to the World Bank.

The firm selected to conduct the job will be required to measure the revenue productivity of each tax and discover discrepancies between potential revenue and the revenue being actually collected.

The study will reveal strength’s and weakness on the part of ERCA in its efforts to raise domestic revenue according to an official with the authority.

The Ministry of Transport and Logistics (MoTL) announced an increase in the use of locally stuffed container packing for the nation's export cargo. This strategic initiative has resulted in cost savings despite encountering challenges due to a shortage of containers.