Ethiopia's Ministry of Revenues Collects $5.56 Bn in 10 Months
Ethiopia's Ministry of Revenues announced that it has collected over $5.56 billion( 238.3 billion birr) in ten months of the fiscal year that started in July, 2020. The amount stands at 98.24 percent of the 242.63 billion birr target collection the ministry set for the period.
Efforts will be exerted to enable Mugher Cement Factory to produce cement with full capacity, increasing its production volume and market share, Ethiopia's Minister of Mines and Petroleum Takele Uma remarked.
Nasa Garment PLC has become the first Ethiopian company to export its products to Canada. Founded in 2019 and located in the Hawassa Industrial Park, Nasa Garment has made exports of 21,000 units of apparel, including shirts, trousers, activewear, and sweaters to Canada on April 8. Abebe Abebayehu, Commissioner of the Ethiopian Investment Commission (EIC) has congratulated the company in a tweet.
