Agency Crosses E-Procurement Training

Feb 11 , 2023


[ssba-buttons]

More than 200 professionals have trained to implement electronic procurement procedures. The Public Procurement Property & Administration Agency organised training at Harmony Hotel partnering with Transparency International last week. Mohammed Ali, a senior procurement specialist at the Agency, said the system will control corruption and theft, simplifying existing paper-based procurement practices. A study estimates that the electronic system can reduce procurement costs by 16pc. The Deputy Director, Woldeab Demisse said around 70pc of the annual budget constitutes acquisitions. Close to 147 federal agencies have requested 400 billion Br for accession out of the allocated 560 billion Br for the fiscal year. Last year, the Ministry of Finance issued a directive granting the Public Procurement & Property Authority the mandate to manage the e-procurement system while officials commenced by automating the end-to-end process. Established two years ago, the Authority expanded the system to 72 institutions training about 1,800 professionals, compelling them to communicate through a portal, including procurement plans, tendering, bid evaluations, and notification of awards.


Radar

New Directive Hikes Service Fees for Foreign Investors in Free Trade Zones

The Ethiopian Investment Board has issued a new directive revising the service fees from foreign investors payable in dollars to the Ethiopian Investment Commission (EIC), introducing updated rates for both the One Stop Shop and designated Free Trade Zones. The revised directive came into effect this April following its publication on the websites of the Ministry of Justice and the EIC. Issued pursuant to Article 23 of the Special Economic Zone Proclamation, the directive outlines charges for...


Radar

City Tables 350B Br Budget Plan for Upcoming Fiscal Year

The City Administration has approved a resolution to submit a proposed budget of 350 billion Br for the 2025/26 fiscal year to the City Council for deliberation. According to the Administration's statement on its official social media page, the draft budget is designed with a central focus on poverty reduction, encompassing targeted subsidies for sustainable development, investment in large-scale job-creating projects, and enhanced service delivery to address the growing demands of the reside...


Radar

Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United Nations Sustainable Development Cooperation Framework (UNSDCF) with implications that it aligns with Ethiopia's reform goals and the Sustainable Development Agenda. The plan is backed by a projected 6.5 billion dollars, though only 1.5 billion dollars is currently secured. It focuses on closing t...