Ethioinfo247 Hiber Radio Interview with Yared Hailemariam | TPLF | EPRDF | Dr Abiy Ahmed | Zehabesha

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Ethiopia and Sudan have consented to improve their participation in different fields especially in actuating the current joint panels between the two nations at all dimensions. Dep. PM, Demeke Mekonnen on Wednesday met with President Omar Hassen al-Bashir in Khartoum, who is as of now in Sudan to pay a state visit.

Matters of shared participation in different segments went under talk in a gathering between Sudanese President Omer Al-Bashir and Deputy PM Demeke Mekonnen. Amid the gathering, the two chiefs consented to increase two-sided relations and set up joint boards of trustees to actualize the accords in perspective of supporting participation between the two nations in different fields including tending to fringe issues. Talking after the gathering, Deputy Premier Demeke said the tow sides gave transparently on the best way to improve the current respective relations.

 

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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