Revenues Ministry Bags 221b Br in Eight Months

Mar 19 , 2022

The Ministry of Revenues reports it has collected more than 221 billion Br over the first eight months of the financial year. The figure is around eight percent lower than the 240 billion Br its officials had targeted for the period. Domestic taxes accounted for 131 billion Br, while customs duties and taxes on international trade brought in 90 billion Br. The performance is a 16pc increase from revenues collected over the same period last year. The federal government plans to raise 334 billion Br from taxes and duties this year. The Ministry has been expanding an online tax payment platform introduced last year. Taxpayers can declare revenues and settle their taxes remotely and at their convenience.



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Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...