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Addis-Adama Expressway Hogs Funds |
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The Ethiopian Roads Authority (ERA) is cutting one
billion Birr from the budget of its other road
construction projects to pay the advance needed for
the construction of the six-lane expressway from
Addis Abeba to Adama (Nazareth). |
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Low
Remittance Spurs Ministry On |
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The average annual remittance of 700 million dollars
over the past three years from Ethiopians in the
Diaspora is less than what was expected but an
improvement from earlier remittances, Seyoum Mesfin,
Foreign Affairs minister, told Parliament on
Thursday, December 25, 2009. |
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Solar Duty-free, But Missing from Electricity
Buy-back Bill |
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The Ministry of Finance and Economic Development (MoFED)
lifted duty fees from the importation of solar
energy equipment beginning December 14, 2009. |
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| Agenda |
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Upon his homecoming from the Copenhagen Summit on
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Editor's Note |
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Addis Abeba is witnessing the augmentation
of .... |
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Economic
Commentary |
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The
private sector in economies under reform requires credible and capable
administration in order to prosper in a world of post-crises, writes
Justin Yifu Lin (PhD),
the World Bank's chief economist and senior vice president for development
economics. In this commentary provided to
Fortune
by Project Syndicate, Lin
argues that it is too late for developed and developing countries to turn back
... |
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| Opinion |
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The long-awaited Conference of the Parties (COP) 15,
the global talk on how to contain carbon emissions
held in Copenhagen, Denmark, has come and gone
without sealing the intended binding deals but with
its own insight into the climate change
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Gossip |
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Many indulge in drawing forth a parallel between the
recent national elections and the forthcoming one.
Depending on perspectives, there are those who fear
the rerun of electoral violence subsequent to the
elections, while the Revolutionary Democrats
.... |
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"[Ethiopia's]
political arena is not to be entered into." |
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Hailu Shawel
(Eng.) chairperson of the All Ethiopian Unity Party said in an
exclusive interview with the Amharic weekly Addis Press on
December 23, 2009, when asked to explain how he got into
politics. He indicated that he used to work in foreign relations
for Asrat Woldeyes's (Prof.) political party. He was nominated
to be in the leading position for the All Amhara People's
Organisation when Asrat went to jail in the 1990s. |
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The administration of Prime Minister Meles Zenawi
might have a reasonable record in taming inflation.
Doing that has a drawback, though. Sapping excess
liquidity from the system has the downside of
starving investors and makes access to capital very
expensive, reports
Tamrat G.
Giorgis,.....PLEASE SEE
THE STORY |
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A
gathering that began with hopes and objectives ends
up not quite how in the manner set off. As the party
of Unity for Democracy and Justice (UDJ) welcomed
Siye Abraha and Negasso Gidada (PhD) with a gala in
honour of their enlisting, the party members’
patience is....
PLEASE SEE
THE STORY |
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View Point |
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Rather
than grappling with complex issues, President Barack Obama
decided instead to declare victory with a vague statement. |
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Life Matters |
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This has been an exciting and nerve-wracking week
given the enactment of... |
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View From Arada |
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Back in Brussels to visit family for the Christmas season,
Girma ... |
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