The House of People’s Representatives (HPR) is going to ratify the revised draft proclamation on overseas employment in two weeks time, Fana Broadcasting Corporate (FBC) reported.
The Ethiopian Ministry of Culture and Tourism said it plans to dispense another round of star ratings of 200 hotels, reassessing the ratings they already have, before the end of this Ethiopian fiscal year in July.
Ethiopia's Ministry of Trade and Industry announced that it has decided to cut down fuel subsidy to 75 percent, subsequently slightly raising fuel prices so users cover the 25 percent. The Ministry has related that the Ethiopian government has spent 24.05 billion birr (over $608.5 million) for oil price subsidy in the last two years alone.
The Ethiopian Ministry of Trade is to exert effort to reform the trade system in Ethiopia according to Siraj Ali State Minister speaking at a forum organized by the ministry.
The conference was organized by the Ministry of Trade to discuss draft proclamations known as ‘Technical Regulations’ and ‘Mandatory Standards.’
Ethiopia is drafting a new regulation to control the raw hide and skins market according to the Ministry of Industry.
The new regulation will aim to create harmony between the market chain and the circulation of raw hides and skins to solve challenges created by speculation and consequent increases in price that is affecting the flow between tanneries and suppliers.
The regulation being drafted by the MoI in collaboration with other stakeholders in the sector such as the Leather Industry Development Institute is expected to be submitted to the House of People’s Representatives by the end of the current financial year.
