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U.S. Expands Visa Bond Program to 50 Countries


U.S. Expands Visa Bond Program to 50 Countries

The US will require travellers from about 12 countries, including Ethiopia, to post a bond of up to 15,000 dollars, approximately 2.3 million birr at current exchange rates, when applying for entry into the United States, according to a United States State Department official on March 19, 2026. The measure is part of an expanded visa bond programme affecting 50 countries and applies to B1 and B2 visa categories for business and tourism. The State Department said the policy will take effect on April 2, 2026. Officials said the bond is not a fee but a temporary security deposit, refundable if visa holders comply with entry conditions, including returning home as required or not overstaying their permitted period. The policy has raised concerns over affordability and fairness. While United States authorities describe it as a compliance tool, critics argue it could disproportionately affect applicants from developing countries and further restrict global mobility.

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Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...