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Lemma breaks silence

In what seems to be a big upset to Prime Minister Abiy Ahmed and his administration, his closest ally and friend, Lemma Megerssa, who is currently the Minister of Defense and deputy chairman of the Oromo Democratic Party (ODP), has openly expressed his difference with the PM’s ‘philosophy’ known as medemer or synergy as well as the “hurried” steps taken to merge the incumbent EPRDF and its affiliate parties into a single unified party—Prosperity Party.

EPRDF merges sans TPLF

The ruling Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF), a coalition of four parties,announced its long-debated merge into a single party this week —dubbed Ethiopian Prosperity Party— ina process that is marred by controversy involving the founder of the front; Tigray People’s Liberation Front (TPLF), which finally decided to boycott the merger meeting claiming the illegality of the process.

A Nobel Laureate

The Norwegian Nobel Committee has given the 2019 Nobel Peace Prize to Ethiopian Prime Minister, Abiy Ahmed (PhD). The historic win places the 43-year old among 99 candidates who won one of the most prestigious honors since it was founded in 1901.

Addis adds Unity Park to its attractions

Unity Park, built at a cost of five-billion-birr grant from various sources and initiated by Prime Minister Abiy Ahmed (PhD, Nobel Laureate), was inaugurated and opened for visitors as of October 10, 2019.

PM picks vice governors for NBE, draws mixed reviews

Prime Minister Abiy Ahmed (PhD) has approved the appointments of three new vice governors for the National Bank of Ethiopia (NBE), Ethiopia’s central banking institution. However, the top picks for the positions has been met with mixed reaction from finance and economic experts.

French minister to visit Addis

Following a similar visit by President Emmanuel Macron, Bruno Le Maire, Minister of Finance and Economy of France is set to visit Ethiopia next Monday, The Reporter has learnt. His visit is said to cement and follow-up on President Macron’s visit.

Egypt urges conclusion on the Nile

As Ethiopia is moving towards the completion of its hydroelectric project, the Great Ethiopian Renaissance Dam (GERD), at a cost of USD 4 billion, Egypt is once again calling for an agreement on the issue of the Nile, which has been in prolonged tit-for-tat between both nations.

PM remains defiant over foreign debt stress

The House of People’s Representatives (HPR) ended its fourth year of the current parliamentary term by endorsing the proposed federal government’s budget worth 386,954,965,289 birr (over USD 13.8 billion) for the fiscal year 2012 E.C (2019/20 GC).