Ethiopia: House Passed Amendment to the 2010 Mining Operations Proclamation
The Ethiopian House of Peoples' Representatives passed amendments to the Mining Operations Proclamation of 2010 on Tuesday, December 31, 2013, Fortune reported.
The Ethiopian House of Peoples' Representatives passed amendments to the Mining Operations Proclamation of 2010 on Tuesday, December 31, 2013, Fortune reported.
The Ethiopian House of Peoples' Representatives passed the revised Raw Hides, Skins & Hides Marketing Proclamation during its ninth regular session on Thursday, The Reporter reported.
Ethiopia's House of People's Representatives passed the livestock trading law on Tuesday, January 21, 2014, Fortune reported.
Ethiopia’s lower house, House of Peoples’ Representative, ratified 3 loans which will be used to finance 2 road construction projects in Addis Ababa and upgrading an electric grid system in the capital city. The move was done 2 weeks after MPs asked Budget and Finance Affairs Standing Committee to assess the nation’s debt repayment capacity. Before the loans were approved, the Committee explained to members of the house the loans will not burden the country and that the country has the capacity to repay the loans.

The House of Representatives reviewed a bill proposing changes to the export tax incentive system. The amendment aims to boost industrial growth and foreign currency acquisition by empowering the executive branch with time limit adjustments and reducing penalties for unused imported raw materials.