Addis Ababa: The Council of Ministers, in its 38th regular session today, approved the 1.5 billion USD financial agreement with the International Development Association (IDA).
The agreement consists of a 1 billion USD grant and 500 million loan from…
Addis Ababa: The financial packages from the World Bank and the IMF will bolster the government’s reform aimed at ensuring macroeconomic stability and maintain strong growth, Finance Minister Ahmed Shide said today.
Speaking about the draft proclamat…
Addis Ababa: The activities being underway to bolster the trade and investment partnership between Ethiopia and China have been showing tangible results, Investment Commission Commissioner, Hanna Arayaselassie remarked.
The Commissioner made the rema…
Addis Ababa: The activities being underway to bolster the trade and investment partnership between Ethiopia and China have been showing tangible results, Investment Commission Commissioner, Hanna Arayaselassie remarked.
The Commissioner made the rema…
Addis Ababa: The financial packages from the World Bank and the IMF will bolster the government’s reform aimed at ensuring macroeconomic stability and maintain strong growth, Finance Minister Ahmed Shide said today.
Speaking about the draft proclamat…
Addis Ababa: Chinese journalists hailed the Friendship Square they visited in Addis Ababa and noted that it is a very important driving force for tourism development in Ethiopia.
The Chinese journalists from the People’s Daily national newspaper are …
The Ministry of Finance disclosed that Ethiopia has signed 1.5 billion US dollars support today with the Wold Bank.
In its press release, the ministry said ‘We are pleased to announce a significant reinforcement of its long-standing partnership with …
Prime Minister Abiy Ahmed revealed that the renovation of Fasil Ghebbi in Gonder city is progressing very well.
In no time, Fasil will be elevated to its former glory, the premier said in social media post. Founded in the 17th century by Emperor Fasi…
The International Monetary Fund (IMF) has highlighted the commitment of the Ethiopian government to address macroeconomic imbalances, restore external debt sustainability, and lay the foundation for high, private sector-led growth.
Following Prime Mi…
The World Bank’s Board of Executive Directors approved today the Ethiopia First Sustainable and Inclusive Growth Development Policy Operation to support home-grown reforms that will ultimately help the country transition to a more inclusive economy, a…
