PM Appoints Gov't Officials

Prime Minister Abiy Ahmed (PhD) has appointed officials to serve as state ministers in newly restructured ministries.


PM Appoints Gov't Officials

Following the government formation kicked off last week, Prime Minister Abiy Ahmed (PhD) has appointed officials to serve as state ministers in newly restructured ministries. Redwan Hussien has been reappointed as a state minister for Foreign Affairs, and Eyob Tekalign (PhD) was also reappointed as a state minister for Finance. Earlier in the week, former Minister of Water, Irrigation & Energy, Sileshi Bekele (PhD), was named chief negotiator & advisor on Transboundary Rivers and the Grand Ethiopian Renaissance Dam (GERD), with the rank of minister. A few new faces were nominated for ministerial posts as well. Taye Dendea was named a state minister for Peace while Meseret Meskele has taken on the role of a state minister for Revenues. In total, the Premier has appointed over 65 officials to oversee the work of 22 ministerial offices.


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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...


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Authority Reports Fuel Import Stats

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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...


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