Ministry Collects 306b Br Last Year

Apr 13 , 2019


The Ministry of Revenues collected 306 billion Br in last fiscal year, Adanech Abebe, minister of Revenues, announced during a discussion of the achievements and challenges employees of the Ministry and Customs Commission face. Reforms introduced in human resources and procedures were pointed out to have contributed to the improved returns. The Ministry has modernised its system, improved procedures and reviewed laws and regulations in the specified period, the minister noted. In addition, restructuring of the institutions was made to address problems associated with customs and revenues, according to the Minister. Another improvement has been in raising the number of customs checkpoints from 55 to 94 in the past year. Some 1.3 billion Br of illegal import and export items, as well as currencies of different countries, have been seized at checkpoints.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email