Ethiopia’s Ministry of Public Enterprises (MoPE) disclosed it plans to earn 52.39 billion Birr during the current fiscal year from enterprises it administers. Out of the planned revenue, 4.5 billion Birr is going to be generated from sales of goods and services produced by the public enterprises. 3.7 billion Birr, on the other hand, is going to be generated from enterprises that are privatized. On the other hand, the Ministry will facilitate the investment of 750 million Birr by the enterprises it had privatized earlier. Another revenue source is going to be privatizing 10 enterprises administered by the Ministry.

Source: Ethiopian News October 03, 2017 20:26 UTC