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Ethiopia's economy is ranked 159th place out of 190 countries in 'Ease of doing business'. [35] Ethiopia is also a part of African Continental Free Trade Area, Common Market for Eastern and Southern Africa, Intergovernmental Authority on Development, and the G24, and has observer status at the World Trade Organization.
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
The Ministry of Finance and Economic Development is an Ethiopian government department. ... This page was last edited on 29 August 2024, at 21:28 (UTC).
9 August – Ethiopian Airlines signs an agreement with UAE-based consulting firm Dar to design a new airport in Bishoftu expected to be the largest in Africa. [ 19 ] 19 August – Heaven Awot, a seven-year old girl is revealed to have been brutally raped, mutilated and murdered by her mother's landlord Getnet Baye in Bahir Dar , Amhara Region ...
[18] While the tax rate for businesses is staggered through income thresholds, the effective tax rates for firms in Ethiopia range from over 25% for smaller businesses, down to below 10% for medium businesses, and 13% for large businesses.
There is also a shortage of labor market for unemployed individual in Ethiopia for a long time. Nonetheless, Ethiopia has increasing employability as higher education institution expanded for this purpose. The unemployment rate was 2.79%, a 0.75 increase from 2019.
The Ministry of Public Service and Human Resource Development (MPSHRD) is an Ethiopian government department responsible for administration and management of civil servants, providing training and improvement opportunities. [1] It was established in 2008 under Proclamation No.916/2008. [2]