Ethiopia's government has proposed a budget of Birr 971.2 billion for the upcoming fiscal year, a significant increase of 21.1% compared to the 2023/24 budget. This draft plan was presented to the parliament by Finance Minister Ahmed Shide.
Addis Ababa May 13/2015 Ethiopian Agriculture Investment Land Administration Agency disclosed that it has provided over 2.3 million hectares of land for investors this Ethiopia fiscal year.
Ministry of Finance issued an invitation for expression of interest today to partially privatize Ethio Telecom. The company which will win the bid will own 40% of the equity share capital of Ethio Telecom and join the Ethiopian telecom market alongside Ethio Telecom and Safaricom.
Ethiopia is planning to set up an agency for the Diaspora with a view of improving the general participations of Ethiopian Diaspora. Ministry of Foreign Affairs’ (MoFA) Spokesperson Meles Alem said the decision to establish the agency showed the government’s special attention for the Diaspora community.
The Ethiopian government is addressing concerns within the coffee industry, urging suppliers and exporters to uphold their obligations on the vertical trading platform. This platform, designed to connect farmers and suppliers directly with exporters, has faced issues impacting both farmers and national export targets.
