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The value-added tax was originally introduced in 1993, only to be abolished 9 years later, at the end of 2002. [7] As of 2003, after the tax reform, Ethiopia imposed a value added tax on all goods produced in the nation and all imported goods and services not exempt; the tax is rated at 15% on every transaction at each stage of manufacturing. [8]
The ministry was established under Proclamation No.916/2008 on 7 July 2008 with reorganization from the former Ministry of Capacity Building. [1] Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration.
The Ministry of Trade and Industry was established in August 1995 with the Proclamation No.4/1995 for assignation of powers to the executive organs of the Federal Democratic Republic of Ethiopia. It was reorganized by with proclamation No 619/2003 to amend the Proclamation No 256/2001 structure, with the ministry has power to oversee five ...
The ministry was established under Proclamation No. 471/2005 in October 2005. The Proclamation defines its objectives and functions; [1] [2] [3] to formulate and implement policies, strategies, plans and programs that promotes urban development and construction activities.
During the imperial period, the ministry coordinated Ethiopia's foreign relations under the emperor's direct supervision. Following the overthrow of the monarchy in 1974, Ethiopia went through various changes, including the establishment of a communist regime. The Ministry of Foreign Affairs continued its role but adapted to the new political ...
The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution, which is supervised by the Public Financial Enterprises Agency in Ethiopia. The Development Bank of Ethiopia was the first development finance institution in Ethiopia and as such it was designed to: "(a) assist in the development of industrial ...
5 October – The first ever Irreechaa was celebrated in Addis Ababa's Meskel Square with hundreds of thousands Oromos attended. [5]11 October – The Nobel Peace Prize was awarded to Prime Minister Abiy Ahmed for "his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighbouring Eritrea".
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.