Daily Archives: March 24, 2020

Government Employees to Work from Home Effective Tomorrow

Addis Ababa,The Council of Ministers, as part of efforts to mitigate the spread of COVID-19, has decided that Federal Government employees work from home effective tomorrow March 25, 2020 until further notice. 

The council met this morning in an extraordinary session to discuss COVID-19 response measures, in light of the social, political and economic turmoil that un-curtailed spread of the virus can create.

Accordingly, federal government employees who will work from home will be selected based on criteria to be set by each ministry and communicated with their workforce.  

During this period, employees working from home are expected to be accessible for the tasks that require their contribution, according to a statement of the Office of the Prime Minister.

This measure has been taken to decrease city-wide movement and transport sector crowding, it added.

While enforcing the above measure and those that have been taken by the COVID-19 Ministerial Committee, the Council of Ministers has also formed additional sub-committees which will be coordinating efforts to address the COVID-19 pandemic, in addition to the health committee, security sector committee, and the economic committee.  

The other committees include the quarantine facilities committee to oversee coordination efforts related to preparing quarantine facilities and equipping them with required materials.

The ICT committee will be coordinating digital efforts being undertaken to create awareness, coordinate and communicate COVID-19 to related issues and set up virtual capabilities for meetings.

The Council of Ministers, chaired by PM Abiy Ahmed, has stressed the adherence to all measures drawn by the federal government on COVID-19.

Source: Ethiopia News agency

PM Abiy Proposes 150 Billion USD Emergency Financing Package for Africa

Addis Ababa, March  24/ 2020(ENA) Prime Minister Abiy Ahmed proposed 150 billion USD emergency financing package for Africa to combat the spread of COVID-19.

A statement released today said Ethiopia, working closely with its fellow African countries, has submitted the following proposed areas and forms of intervention for consideration during the upcoming Extraordinary G-20 Leaders’ Summit to safeguard the commendable progress registered in Africa against reversal induced by this pandemic.

The statement underlined that this global pandemic requires a global approach and strategy to stop it. “More than ever, the global community needs global-level leadership to address this pandemic, its toll on human life and health, as well as its catastrophic impact on the global economy generally and the economies of the most vulnerable members of the international community in particular.” 

The three-point proposal includes a 150-billion-USD Africa COVID-19 emergency financing package in supplementary budgetary support from the World Bank (including by recycling undisbursed IDA resources) for health emergency support to boost foreign exchange reserves and safety nets.

IFC Global Private Sector Financing — Trade financing, working capital support and medium-term financing to private companies struggling with disruption of supply chains; and IMF global crisis financing to low income countries to meet urgent balance of payment needs and other G-20 facilities.

The second point of the proposal deals with global Africa health emergency package. The statement said this may include support to WHO to strengthen public health delivery and emergency preparedness in Africa and support to Africa CDC to help supply medical equipment, protective gears and testing kits; and financing by the Global fund (for AIDS, TB and Malaria) to strengthen system for health services and support health equipment purchases in Africa.

The third points proposes debt resolution and restructuring package, and this will follow the examples of previous successful debt relief efforts, according to the statement.

In addition, Ethiopia proposed that all interest payment to government loans should be written off. Besides, part of the debt of low-income countries should be written off.

It further suggested that the remaining debt be converted into long-term low interest loans with 10 years grace period before payment. All debt repayments will be limited to 10 percent of the value of exports. Source: Ethiopia News agency

GERD Bond Week Launched

Addis Ababa, March 24/2020(ENA) A National Great Ethiopian Renaissance Dam (GERD) Bond Week was launched here today to enhance the fund raising scheme for the dam.

The bonds will be available nation-wide in all branches of the Commercial Bank of Ethiopia and the Development Bank of Ethiopia, and micro finance institutions, starting from today.   

Speaking at the launching ceremony, National Council for the Coordination of Public Participation on the Construction of GERD Director-General Roman Gebreselassie said the bond week is prepared to further ignite public participation, following the ninth anniversary of the dam.

Ethiopians and the Ethiopian Diaspora can buy the bond and contribute their share toward the completion of the dam, which has now reached 71 percent, she added.

At the bond selling ceremony held during the launching, WARYT Mulutila International PLC, Managing Director Tihitina Legesse, in collaboration with management members of the company, bought one million birr bond.

Members of the National Council for the Coordination of Public Participation on the Construction of GERD also contributed over one hundred thousand birr.

The office is working to expand public support to the construction of the dam.

Though the public has so far contributed over 13 billion birr for the dam, the director-general urged them to continue supporting the realization of GERD with a sense of ownership.  

Upon its completion, the dam is expected to play an important role for regional integration and economic transformation.

Source: Ethiopia News agency

GERD Bond Week Launched

Addis Ababa, March 24/2020(ENA) A National Great Ethiopian Renaissance Dam (GERD) Bond Week was launched here today to enhance the fund raising scheme for the dam.

The bonds will be available nation-wide in all branches of the Commercial Bank of Ethiopia and the Development Bank of Ethiopia, and micro finance institutions, starting from today.   

Speaking at the launching ceremony, National Council for the Coordination of Public Participation on the Construction of GERD Director-General Roman Gebreselassie said the bond week is prepared to further ignite public participation, following the ninth anniversary of the dam.

Ethiopians and the Ethiopian Diaspora can buy the bond and contribute their share toward the completion of the dam, which has now reached 71 percent, she added.

At the bond selling ceremony held during the launching, WARYT Mulutila International PLC, Managing Director Tihitina Legesse, in collaboration with management members of the company, bought one million birr bond.

Members of the National Council for the Coordination of Public Participation on the Construction of GERD also contributed over one hundred thousand birr.

The office is working to expand public support to the construction of the dam.

Though the public has so far contributed over 13 billion birr for the dam, the director-general urged them to continue supporting the realization of GERD with a sense of ownership.  

Upon its completion, the dam is expected to play an important role for regional integration and economic transformation.

Source: Ethiopia News agency

Sudan Receives Medical Equipments to Tackle COVID-19

Addis Ababa, March 24/2020(ENA) The first batch of medical equipment and supplies have landed in Khartoum on Monday to help tackle the spread of COVID-19 in Sudan. 

The supply was facilitated by the joint initiative of Prime Minister Abiy Ahmed and Chinese billionaire Jack Ma to help Africa fight coronavirus.  

Ethiopia’s Ambassador to Sudan, Ambassador Shiferaw Jarso handed over the medical supplies to Sudan’s Minister of Health, Dr. Akram Atom upon its arrival at Khartoum airport on board Ethiopian Airlines cargo plane.

On a statement made during the delivery, Dr. Akram Atom extended his gratitude on behalf of the people and Government of the Republic of Sudan to the Peoples and Government of Ethiopia and in particular to Premier Abiy Ahmed.

He praised Ethiopia for having provided and making Sudan the first destination of these greatly needed supplies at a very critical moment in the country.

Ambassador Shiferaw on his part stated that the initiative facilitated by Prime Minister Abiy is a clear testament to Ethiopia’s unwavering solidarity with African countries in hard circumstances such as COVID-19 pandemic.

The Ambassador also indicated that the task and cost of handling the logistics and distribution of the Medical supplies to be delivered to African countries including Sudan, Egypt, Eritrea, Djibouti, and South Sudan is covered by the Government of Ethiopia and its flag carrier Ethiopian Airlines.

According to a statement, the medical supplies delivered to Sudan, include testing kits, face masks and other necessary equipments to assist efforts to prevent the spread of COVID-19.

Source: Ethiopia News agency