In his address for the joint session of the House of Peoples Representatives and House of Federation, President Dr. Mulatu Teshome has announced the establishment of 'Youth Revolving Fund' with ten billion Birr. Since then extensive discussions have been held at various levels as to how the fund is going to be used.
Yesterday, the House of Peoples Representatives has unanimously endorsed the bill providing for the establishment of the Fund. Unlike, the trend in the House, the proclamation has been endorsed without refereeing to pertinent standing committee. This attest government's commitment to address issues of the youth urgently.
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