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Day: July 30, 2024

Highlights of IMF Extended Credit Facility Report for Ethiopia

July 30, 2024

The International Monetary Fund (IMF) has highlighted the commitment of the Ethiopian government to address macroeconomic imbalances, restore external debt sustainability, and lay the foundation for high, private sector-led growth.

Following Prime Mi…

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Renovation of Fasil Ghebbi in Gonder City Progressing Very Well: PM Abiy

July 30, 2024

Prime Minister Abiy Ahmed revealed that the renovation of Fasil Ghebbi in Gonder city is progressing very well.

In no time, Fasil will be elevated to its former glory, the premier said in social media post. Founded in the 17th century by Emperor Fasi…

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Ethiopia Signs 1.5 Billion USD Support with World Bank

July 30, 2024

The Ministry of Finance disclosed that Ethiopia has signed 1.5 billion US dollars support today with the Wold Bank.

In its press release, the ministry said ‘We are pleased to announce a significant reinforcement of its long-standing partnership with …

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Ethiopia, Uganda Reaffirm to Further Enhance Collaborations on Regional Intelligence, Security Issues

July 30, 2024

The National Intelligence and Security Service (NISS) of Ethiopia and the Foreign Intelligence Institution of Uganda have reaffirmed their commitment to strengthening their cooperative efforts on regional intelligence and security affairs.

The two in…

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Nile Basin Commission Vital to Ensuring Equitable, Sustainable Utilization of Shared River

July 30, 2024

Nile Basin Commission would be a pivotal step towards creating internationally accepted institutional base vital to ensuring equitable and sustainable development on the Nile River, Ethiopia’s Water and Energy State Minister, Ambassador Asfaw Dingamo …

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