US Backs Ethiopia with Mechanical Ventilators

Aug 8 , 2020


[ssba-buttons]

The United States government, through the United States Agency for International Development (USAID), has donated 500 ventilators and other critical care equipment to Ethiopia to buffer the ongoing fight against the Novel Coronavirus (COVID-19). While 250 of the ventilators arrived last week, the remaining are en route. Alongside the donation, USAID will be providing a package of support that consists of complementary equipment, warranty and service plans, as well as training for medical professionals. The donation adds to the more than 71 million dollars that the United States has committed so far to Ethiopia in response to the pandemic through the US State Department, USAID, and the US Centres for Disease Control (CDC). The resources have been channelled to strengthen clinical care, build laboratory capacity, disseminate health messages, and ensure food security caused by the pandemic. In the last 20 years, the United States has invested more than 13 billion dollars in Ethiopia, with close to four billion dedicated to the health sector.


Radar

New Directive Hikes Service Fees for Foreign Investors in Free Trade Zones

The Ethiopian Investment Board has issued a new directive revising the service fees from foreign investors payable in dollars to the Ethiopian Investment Commission (EIC), introducing updated rates for both the One Stop Shop and designated Free Trade Zones. The revised directive came into effect this April following its publication on the websites of the Ministry of Justice and the EIC. Issued pursuant to Article 23 of the Special Economic Zone Proclamation, the directive outlines charges for...


Radar

City Tables 350B Br Budget Plan for Upcoming Fiscal Year

The City Administration has approved a resolution to submit a proposed budget of 350 billion Br for the 2025/26 fiscal year to the City Council for deliberation. According to the Administration's statement on its official social media page, the draft budget is designed with a central focus on poverty reduction, encompassing targeted subsidies for sustainable development, investment in large-scale job-creating projects, and enhanced service delivery to address the growing demands of the reside...


Radar

Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United Nations Sustainable Development Cooperation Framework (UNSDCF) with implications that it aligns with Ethiopia's reform goals and the Sustainable Development Agenda. The plan is backed by a projected 6.5 billion dollars, though only 1.5 billion dollars is currently secured. It focuses on closing t...