Parliament Passes Defense Ministry Reform Law

Apr 29 , 2023


A bill that entails service men and women with 30 years in the military are guaranteed government housing has been approved by the Parliament last week. It stipulates that auditing of the Ministry of Defence will be conducted by the federal auditor with special accommodations given for classifieds. This is the third wave of reforms to be ratified by Parliament concerning the national defence forces in the last five years. The chair of the Peace & Foreign Affairs Standing Committee, Dima Negewo (PhD) said the draft was put forth before the Parliament after a long and meticulous review. Some members applauded a bill concerning the defence force being put forth before Parliament as it was not a common practice during prior administrations. They had raised concerns regarding the proposition that bids would be open and international due to the sensitivity of purchases which was later clarified that direct purchases are also permitted by law. The State Minister for Defense, Martha Luigi indicated the proclamation will bring the Ministry a step closer to creating an independent, strong and multi-ethnic defence force. The proclamation aimed at reforming the National Defense Forces was passed with six abstentions and a majority vote.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...