The House of Peoples' Representatives has approved a supplementary budget of Birr 582 billion for the current fiscal year. The decision was made during the council's 6th regular meeting after Finance Minister Tesfaye Beljge (PhD) presented the draft budget proposal.
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.
