Dec 21 , 2019
The Ethiopia Industrial Inputs Development Enterprise (EIIDE) was put in the spotlight for its failure to deliver on its mandates to provide major industrial inputs to support local industries. Despite the limitations, the Enterprise has managed to collect 81 million Br from advance payments in the first five months of the current fiscal year. This was highlighted when the Enterprise presented its performance report of the first five months to the Trade & Industry Standing Committee of parliament on December 18, 2019. The dearth of forex was highlighted as the major challenge to import food supplements, chemical inputs to hide and skin processing factories, as well as construction materials. The failure in the provision of salts was also highlighted to go beyond the capacity of the Enterprise, as the suppliers from Afar Regional State allegedly declined to supply salt at the price already determined by the Ministry of Trade & Industry, which was 257 Br a quintal.
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