Tag: Customs

The House of People’s Representatives (HPR) has approved a new bill that seeks to amend the existing Banking Business Proclamation to provide for the participation of Ethiopians in the Diaspora in the domestic financial sector a couple of years after a controversial campaign by the National Bank of Ethiopia (NBE) thoroughly purged any member of the diaspora from the country’s financial sector.

The recently established customs law enforcement entity, theFederal Custom Commission, has   sent around 1,410 new recruitsto the Federal Police to receive trainings before their deployment to all custom stations across the nation, The Reporter has learnt.

The Ministry of Revenue (MoR) has officially declared it has set up a new wing named – The Office for Partnership on Tax Equity – to serveas a regulatory bodyfor the overall tax collection system, aimed at improving the ailing tax collection system of Ethiopia.

Following the newly enforced restructurings of government institutions under the executive branch, appointments of officials by the Prime Minister continues to reach key institutions.

The Ethiopian Revenues and Customs Authority (ERCA) said it has tightened security control in all its custom stations in a bid to control the illegal flow of foreign currency out of the country.