Friday, December 1, 2023

Tag: MoF

Telecom privatization proceeds to go to Industrial Development Fund

Proceeds from the partial privatization of Ethio-Telcom will be deposited in the Industrial Development Fund account opened by the Ministry of Finance (MoF), The Reporter has learnt.

MPs urge officials review debt relief schemes

The Budget and Finance Standing Committee of the House of Peoples’ Representatives urged officials to reconsider the mechanism being used to minimize the tens of billions of dollars of debt burden shouldered by public enterprises.

PM directs team to proceed with telecom privatization, liberalization

Prime Minister Abiy Ahmed (PhD) directed his macroeconomic reform team and the Privatization Advisory Council members to proceed with the process of privatizing 40 percent of Ethio-telecom as well as liberalizing the telecom market by issuing two service provider licenses.

476 bln birr draft budget under standing Committee scrutiny

In trying to cope with the growing need of the economy and the current global pandemic shaking the financial markets around the world, the Government of Ethiopia has presented a 476 billion birr budget proposal to the House of People’s Representatives (HPR) for the upcoming fiscal year of 2020/21.

The Bretton Woods of our grandfathers: any hope for change?

As the world grows digital every day, in the face of unprecedented levels of lockdown and limited human interactions resulting from the COVID-19 pandemic, meeting applications like Zoom are coming to the rescue of the global society staying at home.

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