The Ministry of Industry revealed that the government targeted the substitution of edible oil import with domestic products by developing and harnessing the country’s potential in oilseeds production.
Ministry of Finance and Economic Development (MoFED) announced on Saturday, August 2, 2014, it has made salary increment that ranges from 33 percent to 46 percent for civil servant. The increment is going to be effective starting from the new budget year’s first month.
The Ethiopian government announced plans to commence the construction of a railway link between the Awash fuel depot and Djibouti's Horizon Terminal in the coming Ethiopian year (2017).
Ethiopia's Industry Minister, Melaku Alebel, highlighted the government's commitment to prioritizing local manufacturers through the new industrial policy. This focus is part of the Home-grown Economic Reform and the 10-year Perspective Development Plan, contributing to overall sector improvement.
Ethiopian Petroleum Supply Enterprise (EPSE) has submitted proposal allowing the government to join the fuel retail market, Fortune reported.
