Ahmed Shide (left), minister of Finance, and Adanech Abebe, minister of Revenues, attended the 28th Finance & Revenue Consultative Meeting in Addis Abeba on August 30, 2019. The biannual meeting, held at the Ministry of Finance's compound in Sidist Kilo, is a forum for all regional and federal finance and revenue bosses to meet face to face and hammer out a common strategy to work collaboratively. However, they failed to meet for the last two years.
Adanech said the country is working hard to build a strong tax system, but that can only be done when the federal and regional governments collaborate and work on common goals. Ahmed endorsed that sentiment, saying both the tax and finance side can only be strong by working together.
"The reform agenda demands accountability in our handling of public finances," he added.
All regional heads of bureaus of finance and revenue were present along with the Chairman of the parliament’s Standing Committee for Finance and Revenue, Abo Burki, as well as representatives from the House of Federations. The two-day meeting was themed "revenue for development, finance for results" and focused on tax issues on the first day, while finance-related topics took centre stage on the second day.
Experience sharing between federal and regional tax and finance institutions was one of the main goals of the meeting. Evaluating implementation hurdles and coming up with common solutions took the lion's share of the time. All stakeholders agreed to work together to bring about a harmonised national tax policy and administration.
PUBLISHED ON
Aug 31,2019 [ VOL
20 , NO
1009]
Fortune News | Jan 16,2021
Viewpoints | Apr 02,2022
Fortune News | Jul 17,2022
Sunday with Eden | Aug 29,2020
Fortune News | Nov 30,2019
Feb 24 , 2024 . By MUNIR SHEMSU
Abel Yeshitila, a real estate developer with a 12-year track record, finds himself unable to sell homes in his latest venture. Despite slash...
Feb 10 , 2024 . By MUNIR SHEMSU
In his last week's address to Parliament, Prime Minister Abiy Ahmed (PhD) painted a picture of an economy...
Jan 7 , 2024
In the realm of international finance and diplomacy, few cities hold the distinction that Addis Abeba doe...
Sep 30 , 2023 . By AKSAH ITALO
On a chilly morning outside Ke'Geberew Market, Yeshi Chane, a 35-year-old mother cradling her seven-month-old baby, stands amidst the throng...
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...
Loading your updates...