Feb 4 , 2023
Tax and pension payments foresee facilitation through Telebirr as the integrated system between Ethiotelecom and the Ministry of Revenues comes live. According to officials, the online system is hoped to ease the payment process, sending clearance and receipts for customers while updating the Ministry server with timely data. Telebirr, since its inception in 2021, has made 263 billion Br transaction value integrating with 18 banks through 28.2 million subscribers. The financial service App transacted more than 165 billion Br in the last six months, earning Ethiotelecom 82.5 million Br. Officials at the Ministry reported that 60.8pc domestic tax accounts for 138.8 billion Br of the total revenues, collecting close to 226 billion Br through the first half of the fiscal year, a 31pc increase from the previous year. Ethiotelecom signed a memorandum of understanding with the Ministry last week at Skylight Hotel, Africa Avenue.
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