The Ministry of Mines approved the proposal submitted by KEFI Minerals (KEFI) to develop the Tulu Gold mine which is located in Western Wellega Zone Oromiya Regional State last week, according to The Reporter.
The Ministry of Revenues reported that it collected over Birr 512 billion birr was collected during the concluded fiscal year, failing short of the initial target of Birr 529 billion.
Ministry of Agriculture announced its national master plan to double dairy production, Walta Information Center reported (WIC).
Ethiopia’s Ministry of Finance and Economic Cooperation faced 14.4 billion Birr budget deficit in the first six months of the current fiscal year. The Ministry generated 80.5 billion Birr income but its expenditure was 95 billion Birr.
The six performance show there is a 7.7 percent increment in tax revenue when compared to last year’s performance. However, this was lower than what was planed.
The plan by Ethiopia’s Ministry of Industry to construct a leather tannery village in Mojjo town is still impractical for it has not yet secured USD 58 Million.
