In the first half of the current fiscal year, Ethiopia has serviced 9.6 billion Br from its external debt, according to the Ministry of Finance. The country’s total debt currently sands at 26.791 billion dollars. For the current fiscal year, the country has targeted to service 22.5 billion Br in debt. The first half performance is 42.67pc of the target, according to Haji Ibsa, public relations director of the Ministry. Out of the total external debt, 57.3pc is owed by the government, while public enterprises owe the rest. In the first five months of the current fiscal year, the country could manage to generate 977 million dollars from the export of commodities.
December 4 , 2021
There is no shortage of literature on why peaceful and non-violent political transiti...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
