The International Development Secretary, Penny Mordaunt, has today launched the UK’s biggest ever tax partnership programme to help Ethiopia generate more tax during her visit to the country. Ethiopia is rapidly industrialising, and with this new partnership the UK will support the country to meet its ambitions to develop its economy. Extra tax revenues will help the country tackle poverty, invest in its own services, boost economic growth and move beyond aid. This is a win for Ethiopia and a win for the UK, including British businesses such as Hela which are thriving in East Africa. Notes to EditorsThe Ethiopia Tax Transformation Programme (£35 million), DFID’s largest bilateral tax programme, is building on progress achieved so far to help Ethiopia increase revenue generation so that it can better finance its own services and development.

Source: Ethiopian News August 07, 2018 15:11 UTC