Ethiopia: Last Fiscal Year’s GDP Reached 1.5 Trillion Birr
Ethiopia’s Gross Domestic Product (GDP) reached 1.5 Trillion Birr, Ministry of Finance and Economic Development disclosed (MoFED).
Ethiopia: Law Makers Approve VAT Proclamation
House of Peoples’ Representatives passed a new Value Added Tax (VAT) Proclamation during its 36th regular session.
Ethiopia: Leather Export Revenue Declined
Ethiopia’s earning from the leather export has declined, Ethiopian Leather Industry Development Institute (LIDI) disclosed.
Ethiopia: Legal Framework to be Formulated for Private Investment in Renewable Energy
The Ministry of Water and Energy is planning to develop a legal framework to facilitate private investment in renewable energy generation and distribution. In collaboration with the International Solar Alliance, the Ministry held a consultation in Addis Ababa this week, to promote the widespread adoption of solar energy in the country and mobilize resources for the development of these legal frameworks.
Ethiopia: Lehulu Launched Digital TV Fee Collection System
Kifiya Lehulu, a financial technology private company, entered into a contract with the Ministry of Communication and Information Technology (MoCIT) and the Ethiopian Broadcasting Corporation (EBC) to set up an electronic system to collect icense fees from one million TV owners in Addis Ababa this year. .
