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Category: Business

Ethiopia Bolsters Domestic Resource Mobilization through Tax Reforms

July 22, 2024

Addis Ababa: Ethiopia has bolstered domestic resource mobilization through tax reforms, and improved administration resulting in a 24.8 percent average increase in revenue over the past three years, according to Minister of Finance.

The First prepara…

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Ethiopia Bolsters Domestic Resource Mobilization through Tax Reforms

July 22, 2024

Addis Ababa: Ethiopia has bolstered domestic resource mobilization through tax reforms, and improved administration resulting in a 24.8 percent average increase in revenue over the past three years, according to Minister of Finance.

The First prepara…

Read More »

Oromia Priotizes Rainy Season Crops, Irrigated Wheat for Export Boost: President Shimelis

July 21, 2024

Addis Ababa: Oromia region President Shimelis Abdisa announced a focus on maximizing rainy-season farming and expanding dry-season irrigated wheat cultivation to bolster agricultural production and contribute to export initiatives this Ethiopian Fisca…

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Ethiopia’s Membership in BRICS Would Drive Its Economic Growth, Says UNDP Advisor

July 20, 2024

Addis Ababa: Ethiopia could successfully capitalize on BRICS membership to drive economic growth and development, a development advisor at the United Nations Development Programme (UNDP), Gedion Jalata told ENA.

For months now, Ethiopia has officiall…

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IPDC Earns over Two Billion Birr Revenue in Last Fiscal Year

July 20, 2024

Addis Ababa: Industrial Parks Development Corporation (IPDC) stated that it has obtained more than 2.1 billion Birr in revenue during the just ended 2023/24 Ethiopian fiscal year.

The revenue was earned from the rental of production sheds, service la…

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IPDC Attracts More than 500 Million US Dollars Investment Capital in 2023/24 FY

July 20, 2024

Addis Ababa: Industrial Parks Development Corporation (IPDC) disclosed that it attracted more than 500 million dollars in capital investments during the previous Ethiopian fiscal year.

Similarly, the corporation revealed that more than 237 million US…

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