preloader
Paperless Technology Solution
Gurd shola Addis Ababa,
info@paperlessts.com
Ph: +251936515136
Work Inquiries
work@paperlessts.com
Ph: +251936515136

Ethiopia, World Bank agree $300 million grant for reconstruction – Reuters.com

ADDIS ABABA, May 17 (Reuters) – Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said.
Fighting that erupted in the northern region of Tigray in November 2020, and spilled over into neighbouring Afar and Amhara last year, has eased since a unilateral ceasefire by the federal government in March. read more
"The resource will be used to finance the activities designed to support … basic services," the ministry said in a statement late on Monday.
People walk through Megenagna neighbourhood bus station in Addis Ababa, Ethiopia November 3, 2021. REUTERS/Tiksa Negeri/File Photo
Services that stand to benefit are education, health, water supply and a special effort to support survivors of gender-based violence in conflict-hit areas, it said.
Areas in Amhara, Afar, Tigray and the regions of Oromia and Benishangul-Gumuz are targeted to receive the funds, it said, adding that the government would sign up with third-party organisations to execute the project in high-conflict areas.
The violence in Oromia and Benishangul-Gumuz, home to several ethnic groups, is separate from the war in Tigray.
Our Standards: The Thomson Reuters Trust Principles.
Tunisia's foreign ministry said on Friday it summoned an official from the U.S. embassy after Secretary of State Antony Blinken raised concerns about Tunisia's democracy.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved

source

Post a comment

Your email address will not be published. Required fields are marked *

We use cookies to give you the best experience.