The Ministry of Finance and the World Bank have signed a 250 million dollar loan agreement for the funding of a project that aims to fortify social services in the country. The Enhancing Shared Prosperity through Equitable Services Program (ESPES) will focus on promoting the delivery of services such as basic education, primary healthcare, agricultural extension advice, water and sanitation, and infrastructure across the country through a decentralised system. The agreement was signed by Finance Minister Ahmed Shide and Ousmane Dione, World Bank country director, during a ceremony held on June 4, 2021. The duo inked a 907 million dollar financing agreement just over a month ago, half a billion dollars of which was funding for a project that aims to bring private sector capital into the energy sector.
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 6 , 2021
Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
October 30 , 2021
Central banks are prone to conspiracy theories. It should be no surprise, for they ar...
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...
August 7 , 2021
There are a few without an opinion on Ethiopia’s federal structure, which is arranged along lingo-cultu...
