The Government of Ethiopia has obtained close to 142.3 billion birr (about $3.95 billion) external financing for its different projects…
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Ethiopia increases budget by 7 percent
NEWS – The Ministry of Finance of Ethiopia today presented a draft national budget of 476 billion birr (about $13.9…
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Ethiopia injects $98 million into hospitality industry
The Government of Ethiopia has provided 3.3 billion birr (about $98 million at current exchange rate) stimulus money to the…
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IMF to provide seven-fold finance to Ethiopia
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide…
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Ethiopia’s debt surpasses $52 billion
Ethiopian government total debt from foreign and local lenders surpasses $52.3 billion, the Ministry of Finance of Ethiopia said.
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EU grants 33 million euros to Ethiopia
The European Union (EU) is set to provide 33.5 million euros grant to the Government of Ethiopia for EU-TRUST Fund…
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Ethiopia to boost excise tax income by a billion dollars
The Government of Ethiopia is set to boost its annual income from excise tax every year by around a billion…
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Ethio Telecom gets priority for privatization
Ethio Telecom, the state monopoly telecom service provider in Ethiopia is set to be among the first state enterprises set…
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Ethiopia to launch $800 million solar project bids
The Ministry of Finance of Ethiopia is set to launch an international bid for the construction of six mega solar…
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