Government of Ethiopia (Addis Ababa)

Ethiopia: Exports Earn U.S $1.4 Billion Revenue Over the First Six Months of the Year

Ministry of Trade has announced that Ethiopian exports earned US$1.4 billion over the last six months. Presenting the six-month performance of the Ministry to Parliament, Kebede Chane, the Minister of Trade, said this year's earnings showed an increase of five percent compared to that of the same period last year.

Despite this, he added, the export performance during the previous last six months had only met 64.4 percent of the intended targets. Ato Kebede said the failure to reach targets had been due to poor performances in agriculture and in the mining sector which the Ministry did not monitor. The Ministry is now planning to encourage exports by monitoring agricultural productivity.

Ads by Google

Copyright © 2013 Government of Ethiopia. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.