Government backtracks on supplementary budget
Rolling back on its shift made eight years ago while moving from line-item budgeting to program budgeting, the Council of Ministers once again approved a supplementary budget of 14 billion birr this week. The current supplementary budget came for the eighth year in a row since the introduction of the new type of budgeting in the country.
Finance experts urge establishment of stock market in Ethiopia
Finance experts urged the Ethiopian government to establish a stock market that could give a boost to the fast growing economy of the country.
No supplementary budget this FY
Abraham Tekeste (PhD), minister of Finance and Economic Cooperation, explicitly told university presidents that there will be no supplementary budget for the current fiscal...
The risk of a new economic non-order
The upcoming IMF and World Bank annual meetings offer a critical opportunity to start a serious discussion on how to arrest the lose-lose dynamics that have been gaining traction in the global economy.
Kenya’s GMO plans disrupted, but Ethiopia pushes forward with testing
The Kenyan government's move to import Genetically Modified Organisms...
Safaricom’s Ethiopian venture records loss, management eyes fresh capital
- It expects $257 million from IFC in equity...
Ethiopian $50m E-commerce to deliver global goods to African doorsteps
Ethiopian Airlines Group is set to launch a cutting-edge...
Tigray disarmament reaches “critical stage”, 85% heavy weapons surrendered
- AU team plans to visit Humera and western...