Eskinder Nega responds to Takele Uma press conference

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In its exceptional session, the House of Peoples' Representatives (HPR) has casted a ballot nay for two of the chosen people to seat the 10 parliamentary standing boards of trustees the House supported amid its past session on Tuesday.

On Tuesday, the House had diminished the quantity of standing boards of trustees from 20 to 10 and its gathering was dismissed after a difference on two of the chosen people Motuma Makassa, previous Minister of Defense and Amanuel Abraham proposed to seat to of these immeasurably vital standing councils.

Amanuel had just declined the assignment after Tuesday's session. Therefore, today the parliament casted a ballot 152 nays against Motuma's designation; while 157 nays likewise dismissed the selection of another MP Atsibeha Aregawi.

Motuma was slated to seat the Foreign Relations and Peace Affairs Standing Committee while Atsibeha was selected for Revenues, Budgeting and Finance Affairs Standing Committee of HPR. Instead of Amanuel, Sofia Amin was named to seat the Legal, Justice and Democracy Affairs Standing Committee with a larger part vote. The rest of the chosen people were affirmed with consistent votes from the House.

 

Ethiopia’s government has explained that privatisation of the national airline and state telecommunications company is being done to ease the shortage of foreign currency. Ethiopia announced last week plans to open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment. In an exclusive interview with state broadcaster, Fana BC, Dr. Yinager Desie, Commissioner of the Ethiopian National Planning Commission said lower export performance, failure of mega projects to commence production, high demand for imported goods and growing external debt burden have worsened the shortage of foreign currency. displayAdvert("mpu_3") Ethiopia requires more than $13 billion over the coming two years for oil importation, private investment, upgrading of existing projects and for repayment of external debt. South African telecommunications firms MTN Group and Vodacom Group have already expressed interest in taking up investment options in Ethiopia’s telecom sector as soon as it opens up. Desie says the privatised enterprises would generate large amount of foreign currencies to tackle shortage. The commission will therefore give priority to foreign companies in privatising the enterprises as government’s decision is targeted obtaining foreign currency.
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