The Ethiopian Road Fund Office has collected 1.4 billion Br in revenues, 88pc of its budget, in the first half of this fiscal year. The Office planned to pay 1.3 billion Br to government road authorities in the first half of the year, however, it only paid 413 million Br, 31pc of its target. The reason for the shortfall is contractors failing to provide certification that is approved by project consultants on the performance of their projects, according to the Office. The Office has carried out maintenance work on 3,721.8Km of roads, achieving 80.4pc of its plan. The Fund, which was established in 1997 by a private-public partnership, is intended to serve as a financial platform for road maintenance and road safety measures. During the last fiscal year, the total road network of the country reached 138,127Km, a nine percent increase over last year.
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Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
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Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
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Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
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Residing in a country with no capital market, an organised marketplace for trading se...
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The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
