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In 1976, agricultural and rural land taxes were replaced by a land-use fee and a new agriculture tax. [1] Ethiopia underwent major tax reform in the 1990s. As a result, the tax system was overhauled alongside much of the public finance system. [2] The Ethiopian reforms were considered some of the most successful on the continent.
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. In 2022/23 fiscal year, the ministry sought to secure 450 billion birr in tax revenue. [2] The current minister is Lake Ayalew from 2021. [3]
It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
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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]
Ethiopia expects to reach a national middle-income status by 2025. [39] Despite this, based on the most recent data from 2019, 68.7% of the population continues to be affected by multidimensional poverty and an additional 18.4% vulnerable to it.
These three provinces are in the coffee producing regions of Ethiopia. The bank's policy of requiring collateral valued at 200 percent or more of the amount of the loan requested had adverse effects. The security requirement directed loans to the urban areas, where property values are high, and excluded loans to potentially productive areas ...
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