Source: Ministry of Finance, Ethiopia |

State Minister Calls for Rigor and Responsibility in Economic Discourse at Ethiopian Economics Association (EEA) Conference

The annual international Conference on the Ethiopian Economy brings together leading economists, academics, policymakers, and practitioners to deliberate on key economic developments and policy directions

State Minister of Finance, Dr. Eyob Tekalign, opened the 22nd International Conference on the Ethiopian Economy, organized by the Ethiopian Economics Association (EEA). In his keynote address, Dr. Eyob praised the EEA for its consistent contribution to policy-relevant research over more than two decades, highlighting the Association’s role as a…

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    • Ethiopia: His Excellency Ato Ahmed Shide, Minister of Finance meets the World Bank Executive Director
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Source: Ministry of Finance, Ethiopia |

Ethiopia: His Excellency Ato Ahmed Shide, Minister of Finance meets the World Bank Executive Director

During the meeting, H.E. Minister Ahmed Shide commended the World Bank’s critical role in supporting Ethiopia’s development priorities

H.E. Ahmed Shide meets with the World Bank Executive Director for Africa Group 1 Constituency, Dr. Zarau Kibwe arrives for a three-day official visit in Ethiopia. Dr. Kibwe represents Ethiopia and a group of 21 other African countries in the World Bank Board.  His Excellency briefed the Executive Director on…

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    • The Government of the Federal Democratic Republic of Ethiopia and the World Bank Sign USD 1 Billion Financing Agreement to Support Economic Reform and Inclusive Growth
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Source: Ministry of Finance, Ethiopia |

The Government of the Federal Democratic Republic of Ethiopia and the World Bank Sign USD 1 Billion Financing Agreement to Support Economic Reform and Inclusive Growth

This critical operation reflects the World Bank’s continued commitment to supporting Ethiopia’s bold and far-reaching reform agenda

The Government of Ethiopia and the World Bank have signed a Financing Agreement amounting to USD 1 billion under the Second Sustainable and Inclusive Growth Development Policy Operation (DPO) in a grant and concessional loan. This critical operation reflects the World Bank’s continued commitment to supporting Ethiopia’s bold and far-reaching…

Source: Ministry of Finance, Ethiopia |

United Kingdom (UK) Reinforces Commitment to Ethiopia's Economic Growth and Reform, Eyeing Key Investment Sectors

Discussions during the meeting centered on Ethiopia's evolving business environment, with Baroness Ramsey acknowledging notable improvements in the investment climate

The United Kingdom has significantly reinforced its commitment to boosting Ethiopia's economic landscape, with Baroness Jane Ramsey of Wall Health, the UK Prime Minister's Trade Envoy to Ethiopia, leading a crucial meeting with H.E. Semereta Sewasew, State Minister at the Ministry of Finance. As one of only 32 global Trade…

Source: Ministry of Finance, Ethiopia |

Ethiopia and Norway signed a grant Agreement

The grant agreement was signed by H.E Semereta Sewasew, State Minister of MoF and H.E Stian Christensen, Ambassador of Norway to Ethiopia, on behalf of the Norwegian Ministry of Foreign Affairs

The Ministry of Finance and the Norwegian Ministry of Foreign Affairs (MFA) represented by the Royal Norwegian Embassy in Addis Ababa signed a 273 million Norwegian Kroner (approximately 25 million USD) grant agreement for the second phase of the REDD+ Investment Program. The grant agreement also constitutes an unfunded amount…

Source: Ministry of Finance, Ethiopia |

H.E. Ato Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held a fruitful bilateral discussion with H.E. Madam Jutta Urpilainen, Commissioner for International Partnerships of the European Union

The Minister briefed the Commissioner the current socio-economic and political situation of Ethiopia

H.E. Ato Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held a fruitful bilateral discussion with H.E. Madam Jutta Urpilainen, Commissioner for International Partnerships of the EU on the sidelines of the Ministerial Meeting of the Horn of Africa Intiative. The Minister briefed the Commissioner the current socio-economic…

Source: Ministry of Finance, Ethiopia |

Ethiopia is hosting the 18th Horn of Africa Initiative Ministerial Conference

The discussion is focused on the development of borderland and attracting private sector investments through public- Private partnerships or by creating a favorable investment climate

The Horn of Africa Ministerial Initiative Meeting is being held in Addis Abeba chaired by Ahmed Shide, Ethiopia's Finance Minister, and Jutta Urpilainen, the European Commissioner for International Partnerships. The discussion is focused on the development of borderland and attracting private sector investments through public- Private partnerships or by creating…

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    • Ministry of Finance has Held a Consultative Meeting with Tigray Inclusive Interim Administration Cabinet Members
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Source: Ministry of Finance, Ethiopia |

Ministry of Finance has Held a Consultative Meeting with Tigray Inclusive Interim Administration Cabinet Members

The government of Ethiopia and TPLF has reached into a peace agreement which has triggered the revitalization of basic services and pubic services in the region

On April 10, 2023, H.E Semereta Sewasew, the State Minister of Finance, and six officials visited Tigray Interim Administration (TIA). On November 02, 2023 the government of Ethiopia and TPLF has reached into a peace agreement which has triggered the revitalization of basic services and pubic services in the region. Among…

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    • The European Union, France and Ethiopia signed a 32 million Euro Financial support agreement
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Source: Ministry of Finance, Ethiopia |

The European Union, France and Ethiopia signed a 32 million Euro Financial support agreement

The financing agreement was signed by H.E Semereta Sewasew state minister of Finance, H.E Valérie Tehio, AFD director in Ethiopia and Dr. Stefan Lock

The European Union (EU), France Development Agency and Ethiopian government signed a 32 million Euro Financial support agreement at a ceremony held in Ministry of Finance. The financing agreement is intended to the project Food security and Agriculture Rehabilitation measures in Conflict-Affected Regions of Ethiopia which is funded 18 million Euro…

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    • Ministry Undertakes Consultations on a New Cooperation Framework between Federal Democratic Republic of Ethiopia and the Czech Republic focusing on developing practices in climate resilient agriculture and the Water sector
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Source: Ministry of Finance, Ethiopia |

Ministry Undertakes Consultations on a New Cooperation Framework between Federal Democratic Republic of Ethiopia and the Czech Republic focusing on developing practices in climate resilient agriculture and the Water sector

The consultative meeting was chaired by H.E. Semereta Sewasew in the presence of representatives from the Ministry of Agriculture, Ministry of Planning and Development and Ministry of Water and Energy

Consultations were held between the Government of the Federal Democratic Republic of Ethiopia and mission from the Czech Republic. The purpose of the meeting was to present Ethiopia’s ongoing development plan, future perspective and reach agreement on sectors of priority to be indicated in the upcoming Development Cooperation Agreement that is…