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Small businesses in Ethiopia are taxed differently than individuals. Businesses are required to pay: "business income tax, windfall income tax, other income tax, turnover tax and excise tax." [17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12]
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.
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.
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.
Ethiopian government department Ministry of Labor and Social Affairs የሠራተኛና ማህበራዊ ጉዳይ ሚኒስቴር Agency overview Formed 12 August 1957 ; 67 years ago (1957-08-12) Jurisdiction Ethiopia Headquarters Addis Ababa, Ethiopia Minister responsible Ergoge Tesfaye Website www.eservices.gov.et subtopic /2 The Ministry of Labor and Social Affairs is the Ethiopian ...
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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 ...