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Ethiopia Secures Nearly $770 Mn from Exports in 3 Months


Ethiopia Secures Nearly $770 Mn from Exports in 3 Months
Ethiopia s Ministry of Finance announced that it has collected $769.9 million from exports in the first quarter of the Ethiopian fiscal year, which started on July 7, 2020. The amount has shown an increase of $46.9 million compared to the same quarter last year.
Eyob Tekaligh, State Minister of Finance, made the announcement while presenting a three-month performance report of his ministry to the Revenue, Budget and Finance Affairs Standing Committee of Parliament. Mr. Eyob pointed out that Ethiopia s export performance has exhibited growth in the past two consecutive years.
While Ethiopia s economy has been growing at a double-digit growth rate for several years, it has also achieved a growth of 6.1 percent in the 2019/20 fiscal year, despite the challenges the coronavirus pandemic posed. The state minister attributed the ongoing Homegrown Economic Reform and fiscal policy adjustment as significant contributors ....

Eyob Tekaligh , Yayesh Tesfayehun , Affairs Standing Committee Of Parliament , Affairs Standing Committee Chairperson , State Minister , Finance Affairs Standing Committee , Homegrown Economic Reform , Finance Affairs Standing Committee Chairperson , வாழ்க்கைத்தொழில்கள் நின்று குழு ஆஃப் பாராளுமன்றம் , வாழ்க்கைத்தொழில்கள் நின்று குழு தலைவர் , நிலை அமைச்சர் , நிதி வாழ்க்கைத்தொழில்கள் நின்று குழு , உள்நாட்டு பொருளாதார சீர்திருத்தம் , நிதி வாழ்க்கைத்தொழில்கள் நின்று குழு தலைவர் ,

Ethiopia Earns Close To $770M: EXPORT BOOM


Ethiopia Earns Close To $770M: EXPORT BOOM
December 10, 2020
The revenue has shown $46.9 million increase compared to the same period last fiscal year.
Finance State Minister, Eyob Tekalign today presented a three-month performance report of the ministry to the Revenue, Budget and Finance Affairs Standing Committee of the House of Peoples Representatives.
According to him, the export performance in particular and the country’s economy in general have registered growth during the past two consecutive fiscal years.
The economy has been registering double-digit growth over the past few years; and it achieved 6.1% growth in 2019/20 fiscal year, despite COVID-19.
He said the ongoing Homegrown Economic Reform and fiscal policy adjustment contributed significantly to the growth in this regard. ....

Eyob Tekalign , Addis Ababa , Yayesh Tesfayehun , Affairs Standing Committee Chairperson , Addis Ababa December , State Minister , Finance Affairs Standing Committee , Homegrown Economic Reform , Finance Affairs Standing Committee Chairperson , வாழ்க்கைத்தொழில்கள் நின்று குழு தலைவர் , நிலை அமைச்சர் , நிதி வாழ்க்கைத்தொழில்கள் நின்று குழு , உள்நாட்டு பொருளாதார சீர்திருத்தம் , நிதி வாழ்க்கைத்தொழில்கள் நின்று குழு தலைவர் ,