Agriculture Ministry Backs Regional States

Aug 16 , 2020


The Ministry of Agriculture has dispensed electronic tablets, livestock laboratory equipment, and personal protective gear worth 700 million Br to the regional states. The support was provided to boost the productivity of the agricultural sector and fight the spread of the Novel Coronavirus (COVID-19). The handover ceremony, which was held at Radisson Blue Hotel, included 35,000 tablets, 351 million Br worth of livestock laboratory equipment, and 12.8 million Br worth of COVID-19 protection material. The tablets are intended for use by the kebelesin the regional states and are aimed at digitising the sector's data system, according to Oumer Hussien, minister of Agriculture. In addition, laboratory equipment will be distributed to contribute to livestock production and animal health development. The Minister noted these materials are not enough to transform the sector and urged the need for collaborative work with the respective stakeholders to enhance productivity.


Radar

Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Radar

Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Radar

Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


Back
WhatsApp
Telegram
Email