Ethiopian Investment Commission (EIC) disclosed Ethiopia managed to attract a total of 1.2 billion USD by foreign direct investment (FDI) in the first 6 months of the current fiscal year.According to the Commissioner for EIC, Fitsum Arega, the FDI flow shows slight reduction when compared to the same period last year.
Feasibility study is being conducted by Ethiopian Shipping & Logistics Service Enterprise (ESLSE) to construct a dry port at Woreta, South Gonder, Amhara State, at an outlay of 100 million USD.
Ethiopia’s federal legislature, House of Peoples’ Representatives, approved the appointment of Gemechu Dubiso Godana as Federal Auditor General and Gedam Mandefro Abate as his deputy. Both Gemechu and Gedam were appointed by the Prime Minister.
A new web Portal was launched by the Ethiopian Government Communication Affairs Office (GCAO) on Friday, December 12, 2014.
The federal government has submitted a draft budget totaling Birr 1.93 trillion for the 2025/26 fiscal year to the House of People’s Representatives during its 35th regular session today.
