Reports continue on the Ethiopian government's economic reforms and efforts to transform the financial sector.
A financial inclusion strategy guaranteeing tangible benefits for farmers, youth, and women entrepreneurs is being pursued as a core of Ethiopia's economic policy.
Deputy Prime Minister Temesgen Tirune said that the success or failure of economic reforms should be judged not by external indicators but by tangible changes in the lives of the people.
For decades, Ethiopia's institutional culture has been biased towards the interests of individuals and groups rather than systems.
There was a practice of dismantling and rebuilding institutions with every change of government, and new reforms aim to free institutions from political bias.
Legal and structural improvements have also been made to enable judicial and democratic institutions to fulfill their public responsibilities neutrally and independently.
Experts point out that the new government faces the challenge of not only ensuring the neutrality of institutions but also improving service accessibility and quality.
Freeing institutions from human intervention and corruption is the new government's top priority.
Improving service quality can provide trust and assurance to citizens.
Ethiopia's accession to the WTO will lower trade barriers, promote technology transfer and foreign capital attraction, and enhance the quality competitiveness of domestic manufacturers. Edomias Nigussie is cautiously leading negotiations, prioritizing the protection of national interests.
WTO accession is expected to lower trade barriers, accelerate technology transfer, and boost foreign investment.
It is also anticipated to contribute to domestic producers improving product quality.
The government's cautious negotiations for World Trade Organization (WTO) accession and the process of reconciling understandings among relevant institutions are cited as major reasons for the delay.
Demands for privatization of key economic drivers such as Ethiopian Airlines and telecommunications, and differences in government positions, are major factors in the prolonged negotiations.
Negotiations conducted confidentially by the government to protect national interests act as critical variables, leading to a cautious approach.
The limitations of low productivity from traditional cultivation methods have been overcome, and the introduction of modern farming techniques has greatly increased yields and farmers' incomes.
NATO member states like the United States and the United Kingdom are providing military and financial support to Ukraine, while Russia is strengthening technological and industrial cooperation, receiving drones from Iran and components from China.
National Bank Governor Eyob Takalin stated that reforms in the financial sector will fundamentally improve the nation's economic structure.
Financial sector reform was one of the key agendas discussed at the Ethiopian Economic Forum held in Addis Ababa, and the report noted achievements in financial reform through an increase in the number of banks and the expansion of deposit volumes.
Tourism development projects are significantly contributing to economic growth, and the Ministry of Tourism is establishing continuous strategies to attract tourists and revitalize the tourism industry.
Efforts are underway to expand foreign investment in the mining sector and streamline procedures, while a digital system is being introduced to combat illegal smuggling and bureaucratic inefficiencies.
Oromia Bank is buying 1 US dollar for 161 birr and 72 cents.
The Ethiopian team is organized and well-balanced. Aliou Cissé, the coach of Senegal, emphasized that the outcome of the match depends on team harmony rather than individual skills.
Coach Cissé, who pledged to prioritize teamwork over individual skills, set victory in this match, starting from 0-0, as his goal.
The Ethiopian Football Federation will provide bonuses to the team if they achieve victory against Senegal, a strong team on the African continent.
The federation has prepared a bonus of 100,000 birr for each player.
At Bahir Dar Stadium, there's a mismatch between the number of tickets available and the number of fans wanting to attend.
Many fans who couldn't get tickets are expressing dissatisfaction at the venue, and immediate improvements to the ticket sales system are demanded.
The friendly matches have been confirmed for tomorrow afternoon at 3 PM and this Saturday.
Answers come from the transcript, with the exact spot cited.
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