Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country's debt.
Ethiopia Coffee and Tea Authority (ECTA) is ramping up efforts to expand the share of specialty coffee in its export portfolio, aiming to boost revenues from its higher market value.
Ethiopia’s Foreign Minister Dr. Tedros Adhanom told India-Africa Summit participants that his country has aimed to double up its road expansion to 200 thousand by the end of GTP II period in 2020.
Ethiopia has set a target to earn 359.3 million US dollars from the export of leather and textile in the coming year announced the Ministry of Industry.
It is expected that 206 million US dollars will be raised through the export of value added leather products according to Melaku Taye Corporate Communication Director at the Ministry.
The Ethiopian Revenue and Customs Authority (ERCA) said its annual income from inland taxes will be over half a trillion Birr by the end of GTP II.
