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Birr devaluated by 15 percent

The National Bank of Ethiopia announced today that the birr will be devalued by 15 percent effective October 11, 2017. The policy will translate into 3.45-birr net increase over the…

ቤተ ክህነት ባለድርሻ የሆነችበት ባንክ ሊመሠረት መሆኑ ተሰማ

መመሥረቻ ካፒታሉ 2.2 ቢሊዮን ብር ነው ተብሏል የኢትዮጵያ ኦርቶዶክስ ተዋሕዶ ቤተ ክርስቲያን (ቤተ ክህነት) ባለድርሻ የሆነችበትና ተጨማሪ 18 ባለድርሻዎች የተካተቱበት ባንክ ለመመሥረት ቅድመ ሁኔታዎች መጠናቀቃቸው ተሰማ፡፡ ከሁለት ዓመት በፊት ባንኩን…

የህንዱ ፕሬዚዳንት ራም ናት ኮቪንድ ለይፋዊ የስራ ጉብኝት አዲስ አበባ ገቡ

አዲስ አበባ፣ መስከረም 24፣ 2010 (ኤፍ.ቢ.ሲ) የህንዱ ፕሬዚዳንት ራም ናት ኮቪንድ ለሶስት ቀናት ጉብኝት አዲስ አበባ ገቡ። ፕሬዚዳንቱ ዛሬ ከቀትር በኋላ ቦሌ ዓለም አቀፍ አየር ማረፊያ ሲደርሱ የኢፌዴሪ ፕሬዚዳንት ሙላቱ…

Growth: Ethiopia, World Champion

Despite drought and falling commodity prices, Ethiopia has been the fastest growing country in the world. BY LE POINT AFRIQUE Published on 29/09/2017 with 18:18 – Modified 01/10/2017 with 13:31|…

Wegagen Bank inaugurates $34.5 mln built headquarters

Addis Ababa, September 30, 2017 (FBC) – President Mulatu Teshome today inaugurated a 23-storey building built by Wegagen Bank S.C at a cost of over 805 million birr (approximately $34.5…

IMF Staff Completes 2017 Article IV Visit to The Federal Republic of Ethiopia

Real gross domestic product is estimated to have increased by 9 percent in 2016/17. Prudent budget execution led to a lower-than-planned fiscal deficit, estimated at 2.5 percent of GDP. To…