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MoFEC orders public agencies to submit details of current projects

-No supplementary budget this FY During a two-day meeting which took place this week with all public universities and federal budgetary institutions and ministries, Abraham Tekeste (PhD), Minister of Finance and Economic Cooperation (MoFEC), has ordered all the agencies to submit the status and profiles of their ongoing projects until November 9, 2017.

IMF softens tone on Ethiopia, projects high growth

Projects a nine percent GDP growth Unlike preceding Article IV consultation reports on the Ethiopian economic affairs, the International Monetary Fund (IMF) has relaxed its judgment on how the government of Ethiopia is managing the economy.