Conflict Affected Rural Areas Foresee Help from EU


Conflict Affected Rural Areas Foresee Help from EU

Rural areas damaged by conflicts, with estimated inhabitants of eight million people, foresee humanitarian assistance from the European Union (EU). The EU will donate 35 million euros to support the Productive Safety Net Program (PSNP), now beginning its fifth phase to provide food, job, health, and social caregiving sectors and services. The overall budget for the five-year program will be 2.38 billion dollars. Solomon Kebede, press and information officer, said the EU has been working with the program since its launch in 2005. It was introduced after the most hotly contested national elections that year when donors felt their trust was breached following widespread clampdown. A series of protests in Addis Abeba and other towns against what the opposition claimed were rigged elections outcomes led to the death of hundreds of people. Donors, mainly from the EU, discontinued providing direct budget support, replacing it with PNSP. Roland Kobia, EU's ambassador, and the World Bank Country Directors, agriculture and finance ministries' representatives are expected to attend the ceremony on Monday, December 12, 2022, at the EU office on Cape Verde St. In 2011, a severe drought in 60 years affected the Eastern Africa region, causing famine in Somalia and acute hunger and malnutrition in northern Kenya. Ethiopia managed the crisis without experiencing famine. During the 2015-16 El Nino droughts, which resulted in millions of Ethiopians requiring emergency food assistance, PSNP was hailed for demonstrating how contingency arrangements could be used during emergencies.


Radar

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...


Radar

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...


Radar

New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...