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Red Cross Gets 268m Br in Six Months

Jan 25 , 2020


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The Ethiopia Red Cross Society has gained a total of 268 million Br in the past six months of the current fiscal year. Out of the total, 135 million Br was secured from rental income, project income, and grants and donations. The remaining comes from regional branches generated from ambulance subsidy, membership fees, and government support, among other sources. Branches in Tigray, Oromia and Southern Nations, Nationalities, & Peoples' regional states generated 37 million Br, 35 million Br and 25 million Br, respectively. In the reported period, the Red Cross managed to give emergency response services to 335,188 people for 47 million Br. The institution is now on an aggressive campaign to expand its membership base and mobilise more resources from domestic sources to ensure organisational and financial sustainability, according to Meshesha Shewarega (PhD), the secretary-general.


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Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

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