Tag: ethiopian news

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Black Market exchange depreciating after NBE reduced its presence in Togo-Wuchale

The black market is depreciating sharply following the National Bank's move Last week, the National Bank of Ethiopia (NBE) decided to reduce the number of...

Ministry of Council approved Birr 780 billion for next fiscal year

The Council of Ministers, in its 9th regular session today, discussed the 2022 federal budget and passed a resolution.The Federal Government's 2015 budget year...

Private commercial banks are charging up to 30 Birr per US dollar to allow foreign exchange

Private commercial banks are charging up to 30 Birr per US dollar to allow foreign exchange for their importing customers, according to Wazema Radio.According...

Prime Minister Abiy Ahmed has given various appointments

Prime Minister Abiy Ahmed has given various appointments*****************Prime Minister Abiy Ahmed has made various appointments today.Accordingly:1. Ambassador Redwan Hussein - Adviser to the Prime...

Police beaten Temesgen Desalegn infront of his family

Temesgen Desalegn, editor-in-chief of Justice Magazine, was beaten today at the police station where he is being held.  His brother, Tariku Desalegn, told Deutsche Welle...

Ethiopia to receive $200 million financial assistance from World Bank: official

Ethiopia is set to receive 200 million U.S. dollars in financial assistance from the World Bank, an Ethiopian official said Wednesday."The funds will be...