Wednesday, February 21, 2024

News in brief

HoF to change States’ budget subsidy allocation scheme

The House of Federation (HoF) announced that the scheme used by the federal government to allocate budget subsidy is to be changed since next year.

NISS reveals it arrest Shabiya-trained insurgents

Anti-terror taskforce lead by the National Intelligence and Security Service has claimed that it has captured and killed Eritrean-backed terrorist while crossing in to the country through the southern tip of the country.

Red Cross collects 60 mln birr for drought relief

Ethiopian Red Cross Society (ERCS) said it has achieved 50 percent of the 123 million birr it has targeted to collect towards drought assistance effort currently underway in Ethiopia.
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Over 2.5 bln birr in capital injection to DBE

The executive branch of government has submitted a draft bill seeking the parliamentary approval to issue a Special Government Bond for in order of 2.56 billion birr which will serve as needed capital injection to the Development Bank of Ethiopia (DBE).

Germany donates over EUR 13.5 for victims of drought, refugees

Germany has committed over 13.5 million euros to victims of drought and refugees in Ethiopia.

Ethiopia earns USD 123 mln in electricity exports

The Ethiopian Electric Service has said the country made about USD 123 million (2.6 billion birr) between 2015 and 2016 budget year from the sale of electricity both locally and abroad.
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EU extends EUR 122.5 mln emergency aid for response in Ethiopia

European Commission has announced EUR 122.5 million for Ethiopia to address the immediate needs of people affected by the El Niño-driven drought in Ethiopia.

Ethiopia, US hold Bila

Ethiopia and the United States have reportedly held the 6th Bilateral Democracy, Governance and Human Rights Working Group meeting on Tuesday.

Grand Imam says Ethiopia’s Christian king protected early Muslims

“Without Abyssinia [modern day Ethiopia] and its Christian king who protected [the first Muslims], Islam would have been destroyed in its cradle,” Grand Imam of Al-Azhar, Sheikh Ahmed Al-Tayeb, said.
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Southern region announces star rating of hotels, resorts  

The Southern Regional State has announced star rating of hotels and resorts this week.  Out of the 41 hotels and resorts that were eligible to be graded, star rating was given only for 28 of them. The remaining 13 hotels failed to get the ranking. 
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Recent Politics

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