Italy Contributes to Health Efforts

Apr 24 , 2021


Italy has approved an emergency aid of 625,000 euros (around 31.5 million Br) to support health services provision in Tigray Regional State, where equipment in over half of the region's 205 health facilities is fully damaged or non-functional, according to an assessment by UNICEF. The Italian government has approved the funding for use by the International Committee of the Red Cross (ICRC) to provide healthcare amidst the ongoing conflict in the northern region, a statement issued by the Italian Embassy disclosed. The Italian Development Cooperation and the Italian Red Cross delivered eight tonnes of medical equipment and medicine to Tigray through a humanitarian cargo flight that landed in Meqelle earlier this month. The latest intervention complements the humanitarian flight that transported medical items to Tigray last week, the statement said.


Radar

Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Radar

Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Radar

Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...


Back
WhatsApp
Telegram
Email