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.
Ethiopia targets to receive 2.5 million tourists by 2020, Reuters reported.
Ethiopia aims to boost its export revenue to 12 billion USD in GTP II period, Ethiopian News Agency reported.
The Ministry of Industry has announced a plan to earn USD 450 million from the export of manufacturing goods in the 2025/26 Ethiopian fiscal year, while simultaneously saving USD 5.689 billion in foreign exchange by substituting imports with locally produced proxy products.
