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Hailemariam holds talks with Israeli President
Addis Ababa, June 5, 2017 (FBC) – Prime Minister Hailemariam Desalegn met Israeli President Reuven Rivlin today at the President’s residence in Jerusalem. The Premier thanked Rivlin for the warm…
Council of Ministers proposes over 320 bln birr budget for upcoming Ethiopian fiscal year
Addis Ababa, June 3, 2017 (FBC) – The Council of Ministers yesterday proposed over 320 billion birr budget for the upcoming Ethiopian fiscal year (2017/18). Of the total budget, more…
Ethiopia, Sudan to sign currency swap deal
Addis Ababa, June 3, 2017 (FBC) – Ethiopia and Sudan are set to sign a currency swap deal after a month. According to the National Bank of Ethiopia (NBE), the…
Nearly 100 Eritrean Christians arrested for illegal church denominations
Eritrea (MNN) — The country of Eritrea is the 10th harshest persecutor of Christians in the world, according to Open Doors’ World Watch List. And last month, another blow was…
Parties approve negotiation modality, code of conduct
Addis Ababa, May 29, 2017 (FBC) -The 17 national political parties, including the ruling party EPRDF, have approved a negotiation modality and a code of conduct for local and foreign…
Ethiopia opens Sh371bn gap on Kenya’s economy
Ethiopia has opened a Sh371.8 billion ($3.61 billion) gap on Kenya’s economy fuelled by a decade of double-digit GDP growth, cementing its position as Eastern Africa’s emerging power house. The…