Ethiopia Welcomes Creditors latest Commitment to Debt Relief
ADDIS ABABA – Ministry of Finance has welcomed the Statement by a group of creditor nations committing to grant Ethiopia debt relief.
#Debt burden
Africa Needs $454 Billion to Revive Pandemic-hit Economy
ADDIS ABABA – Africa countries need at least $454 billion to rebuild their economies which have been ravaged by the Covid-19 pandemic for the last two years, said Moussa Faki Mahama, Chairperson of the African
IMF: SS African Economy Will Expand by 3.4% in 2021
ADDIS ABABA – Sub-Saharan Africa economy is projected to expand by 3.4 percent this year, recovering from the 1.9 percent contraction in 2020 – the worst on record – that resulted in a large increase
Nation Obtains Over 39bln Br in Grant & Loan In Six Months
ADDIS ABEBA – Ethiopia has secured over 39 billion birr in grant and loan in the first half of this fiscal year, the Ministry of Finance revealed on Tuesday.