New Salary Scale to Take Effect Nationwide Starting October, Says Finance Minister Ahmed Shide

Date:

Share post:

Ahmed Shide, the Minister of Finance, has announced that October salary payments will commence using the newly revised pay scale.

“The new salary structure, effective from October, has been approved by the cabinet. Over the past few weeks, the Ministry of Finance and the Civil Service Commission have completed the necessary preparations, including the implementation guidelines,” Shide stated.

He further explained that the updated pay scale will be applied to the October payroll.

“This revision will benefit lower-paid government employees, members of the security forces, and all government institutions at both regional and federal levels,” he noted.

The minister also highlighted that the new pay scale will be implemented nationwide. “The regional states will start paying their employees using the new scale from October, with the federal government covering the regional share. Funds will be transferred to the regions through the Ministry of Finance,” he added.

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

Ethiopia’s GDP Drops to $100 Billion Following Currency Devaluation

Ethiopia's nominal GDP, measured in US dollars, fell drastically from $207 billion in June 2016 E.C. (2024 G.C.)...

Ethiopian Airlines Honors Visionary Leaders Behind Its Success

Ethiopian Airlines, Africa’s largest and most successful airline, hosted a grand recognition and award ceremony to honor the...

How to Calculate Property Tax in Ethiopia

The Ethiopian government’s new property tax law has sparked widespread debate, with opposition parties and members of the...

IMF Completes Second ECF Review for Ethiopia, Approves US$248 Million Disbursement

The International Monetary Fund (IMF) Executive Board has completed the second review under the Extended Credit Facility (ECF)...