An urgent press release of Dr. Abay on current affairs

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The US is Somalia's greatest benefactor, giving $730m worth of help a year ago, news office Reuters reports citing an authority at the US State Department. 

 

The US has additionally been a key partner in the battle against Islamist aggressors al-Shabab who need to oust the UN-perceived government.

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News
Ethiopia’s government has explained that privatisation of the national airline and state telecommunications company is being done to ease the shortage of foreign currency. Ethiopia announced last week plans to open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment. In an exclusive interview with state broadcaster, Fana BC, Dr. Yinager Desie, Commissioner of the Ethiopian National Planning Commission said lower export performance, failure of mega projects to commence production, high demand for imported goods and growing external debt burden have worsened the shortage of foreign currency. displayAdvert("mpu_3") Ethiopia requires more than $13 billion over the coming two years for oil importation, private investment, upgrading of existing projects and for repayment of external debt. South African telecommunications firms MTN Group and Vodacom Group have already expressed interest in taking up investment options in Ethiopia’s telecom sector as soon as it opens up. Desie says the privatised enterprises would generate large amount of foreign currencies to tackle shortage. The commission will therefore give priority to foreign companies in privatising the enterprises as government’s decision is targeted obtaining foreign currency. " />
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The US has revived its government office in Somalia about 30 years after it shut it, after common war broke out in the nation. 

 

Long-term pioneer Siad Barre was expelled from office in 1991 by tribe volunteer armies, who at that point battled each other for power. 

 

The Horn of Africa country has from that point forward been riven by tribe struggle and executed by Islamist volunteer armies. 

 

An announcement from the US consulate on Wednesday said that reviving of the international safe haven pursues a year ago's foundation of a perpetual discretionary nearness in the capital, Mogadishu. 

 

The US envoy to Somalia Donald Yamamoto said that the opening of the international safe haven was "huge and noteworthy" and was "another progression forward in regularizing US discretionary commitment in Mogadishu since perceiving the government of Somalia in 2013." 

 

The US is Somalia's greatest benefactor, giving $730m worth of help a year ago, news office Reuters reports citing an authority at the US State Department. 

 

The US has additionally been a key partner in the battle against Islamist aggressors al-Shabab who need to oust the UN-perceived government.

Category
News
Ethiopia’s government has explained that privatisation of the national airline and state telecommunications company is being done to ease the shortage of foreign currency. Ethiopia announced last week plans to open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment. In an exclusive interview with state broadcaster, Fana BC, Dr. Yinager Desie, Commissioner of the Ethiopian National Planning Commission said lower export performance, failure of mega projects to commence production, high demand for imported goods and growing external debt burden have worsened the shortage of foreign currency. displayAdvert("mpu_3") Ethiopia requires more than $13 billion over the coming two years for oil importation, private investment, upgrading of existing projects and for repayment of external debt. South African telecommunications firms MTN Group and Vodacom Group have already expressed interest in taking up investment options in Ethiopia’s telecom sector as soon as it opens up. Desie says the privatised enterprises would generate large amount of foreign currencies to tackle shortage. The commission will therefore give priority to foreign companies in privatising the enterprises as government’s decision is targeted obtaining foreign currency.
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