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Revenues Ministry Transfers 41b Br in Proxy Taxes to Regional Admins

Sep 17 , 2022

Officials of the Ministry of Revenues have transferred a little over 41 billion Br in proxy and other taxes collected on behalf of regional administrations. Proxy taxes account for 6.3 billion Br of the funds transferred to regional governments, while other taxes comprise the balance. The Revenues Ministry collected over 497 billion Br in taxes and duties in the last financial year. The federal government plans to collect 150 billion Br more in taxes this year, enough to cover 61pc of the 787 billion Br of the federal budget. The federal government recently imposed a new tax on importers, dubbed “social welfare levy”, with hopes of collecting an additional 22 billion Br this year. Importers will pay three percent on the items they bring into the country, barring a few exemptions.

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BRIDG-EATERIA

They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...

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WALKWAY DISPLAY

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...

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TRAILER HOMES

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...

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