Friday 31st October 2014

banner.png

news menu leftnews menu right

Ethiopia secures 1.4 bln USD from exports PDF Print E-mail
By Administrator   
Monday, 11 February 2013 11:57

Ethiopia secured USD 1.4 billion from exports over the last six months the Ministry of Trade (MoT) announced on Friday February 1, 2013. While presenting the six-month performance of the Ministry, Minister Kebede Chane said the earning has increased by five percent compared to the same period last year. However, the performance is 64.4 percent of the target. Kebede said the limitation is due to low performance in agriculture and the mining sector which are not monitored by the Ministry. The Ministry has planned to increase agricultural produces it monitors to enhance the performance. The Ministry also stated that activities are underway to address shortages witnessed in edible oil, sugar and wheat. An additional 15 percent in wheat production is expected domestically in this harvest season which he said would help address the shortage. According to the Ministry, 50 thousand tons of sugar is being imported to address the shortage until the newly constructed sugar factories are operational.

(Ethiopiafirst.com)


blog comments powered by Disqus
 

ADVERTISEMENT

POLL 1

1. Do you think the construction sector in Ethiopia is corrupt?

(226 votes)

71.2%   (161)
24.8%   (56)
4%   (9)
Loading...

POLL 2

2. Do you think Ethiopia will handle the Ebola virus if it enters the country?

(194 votes)

53.6%   (104)
37.6%   (73)
8.8%   (17)
Loading...


Powered by Spearhead Softwares Joomla Facebook Like Button
Follow us on Twitter

PANKHURST'S CORNER

The Dramatic History of Addis Ababa Part 13: The Beginnings of Cabinet Government

The object of the present series of articles is to consider how the founding and early growth of Addis Ababa witnessed Transformation in other fields of Ethiopian economic, social and political life. read more...

ENTREPRENEUR PROFILE

Name: Teddy Gebregziabher
Education: 12th grade
Company name: Teddy Liquor House
Studio Title: Owner 
Founded: 2003
What it does: Sells liquor
HQ: Kazanchis read more...

DOING BUSINESS

I appreciate the road network expansion that we are witnessing all around the city. We indeed need more and wider roads as the traffic is getting heavier by the day. Mind you, we could make much more effective read more...

BUSINESS & ECONOMY

Different research works revealed that the urbanisation of our planet, which began in the 19th century, is one of the most notable changes in modern times. While in 1950, 29% of the global population lived in cities, read more...