![](https://addisfortune.news/wp-content/themes/addis-fortune/images/defaultPhots/radar.jpg)
Radar | Oct 16,2021
Mar 21 , 2020
The Board of Executive Directors of the World Bank approved half a billion dollars of financing to support the Homegrown Economic Reform Plan, which the government rolled out recently.
Half of the support will be provided as a base, while the remaining is given as a grant.
The reform plan, which will be implemented in the next three years, aims at rebalancing macroeconomic fundamentals and sustaining growth.
The fund is approved under the Bank's second phase of the Competitiveness Development Policy Operation (DPO) that provides both financial and technical support to Ethiopia’s economic reforms.
The Operation is designed to help Ethiopia revitalise its economy by broadening the role of the private sector and attaining a more sustainable development path.
The second DPO focuses on three pillars: maximising finance for development, improving the investment climate and developing the financial sector, and promoting transparency and accountability.
PUBLISHED ON
Mar 21,2020 [ VOL
20 , NO
1038]
Radar | Oct 16,2021
Commentaries | Apr 11,2020
Fortune News | Nov 27,2018
Radar | Sep 14,2019
Radar | Oct 26,2019
Radar | Jun 03,2023
Fortune News | Mar 25,2023
Fortune News | Oct 12,2019
Viewpoints | Mar 21,2020
Fortune News | Apr 06,2019
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transportin...
Jul 13 , 2024 . By MUNIR SHEMSU
The cracks in Ethiopia's higher education system were laid bare during a synthesis re...
Jul 13 , 2024 . By AKSAH ITALO
Construction authorities have unveiled a price adjustment implementation manual for s...
Jul 13 , 2024
The banking industry is experiencing a transformative period under the oversight of N...
Jul 20 , 2024
In a volatile economic environment, sudden policy reversals leave businesses reeling...
Jul 13 , 2024
Policymakers are walking a tightrope, struggling to generate growth and create millio...
Jul 7 , 2024
The federal budget has crossed a symbolic threshold, approaching the one trillion Bir...
Jun 29 , 2024
In a spirited bid for autonomy, the National Bank of Ethiopia (NBE), under its younge...