
Commentaries | Aug 16,2020
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]
Commentaries | Aug 16,2020
Editorial | Feb 16,2019
Fortune News | Mar 13,2020
Radar | Sep 03,2022
Radar | Jul 03,2021
Radar | Jul 08,2023
Fortune News | May 02,2020
Radar | Feb 09,2019
Fortune News | Mar 30,2024
My Opinion | Sep 10,2023
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
May 17 , 2025
Ethiopia pours more than three billion Birr a year into academic research, yet too mu...
May 10 , 2025
Federal legislators recently summoned Shiferaw Teklemariam (PhD), head of the Disaste...
May 3 , 2025
Pensioners have learned, rather painfully, the gulf between a figure on a passbook an...
Apr 26 , 2025
Benjamin Franklin famously quipped that “nothing is certain but death and taxes....