Ministry Rolls Out Fuel Price Adjustments

May 6 , 2023

The retail fuel price saw an increase as the Ministry of Trade & Regional Integration announced a new tariff last week. The price of kerosene has been adjusted to 67 Br a litre; gasoline is sold for 61.29 Br and diesel for 67.3 Br while the international price has picked up at 58 Br, 71 Br and 67 Br, respectively. The subsidy price of gasoline which had previously been 17.22 Br, will increase to 25.47 Br while diesel will increase from 22.68 Br to 26.26 Br per litre. Officials say the tariff increase will not be applied to transportation. The mandatory cashless transaction that began last week was announced by the Ministry of Transport & Logistics over a month ago. The Minister, Alemu Sime (PhD), said the payment is integrated with a fuel relocation and allocation system in service outlets across the country. The nationwide operation is set to unfold in the coming week.



A painting depicts traditional farming equipment at the Science Museum around the Arat Kilo area. Since the seizing of power by the current administration, large-scale architectural projects marked by grandeur have proliferated across the capital. The satellite city being built in the Yeka mountains, which is set to cost around 600 billion Br, according to the Prime Minister, is one such project yet to see the light of day. Some estimates put the plot size for the project at around 503hct despit...



A queue for diagnostics at the nation's largest state-owned hospital, Black Lion. As the health sector is largely funded by development partners from abroad, decreased support as donors shied away due to the war in the North has required the suspension of several new projects. Social health Insurance slated for next year was scraped due to a budgetary shortfall of five billion Birr. With the physician-to-patient ratio titering at around 1:30,000, queues in public hospitals are commonplace in Eth...



A street vendor puts up pepper for sale around the Lideta area. With agricultural produce accounting for the largest share of the nation's GDP at around 40pc, setbacks in the delivery of fertilizer have become a source of strife in rural Ethiopia. Only a third of the scheduled fertilizer of 1.3 million quintals has been distributed into the hands of farmers this year. This is despite the year being one in which the government claims to have met local demand for wheat and started exporting. Low p...