Over 14 Million Liters of Edible Oil Prepared for Distribution
Ethiopia’s government has procured over 14 million liters of edible oil for distribution, Minister of Trade and Regional Integration Kassahun Gofe announced. A delegation visited Adama customs station, where over 1,000 trucks will transport goods to markets. The government aims to balance supply and demand, with adequate stocks of consumer goods in customs. Reforms in foreign exchange management and macroeconomic policy will enhance business competitiveness, stabilizing the market and ensuring availability of essential goods.
Addis Ababa August 4/2024 (ENA) More than 14 million liters of edible oil have been purchased and are prepared for distribution, Ethiopia’s Minister of Trade and Regional Integration, Kassahun Gofe revealed.
The government has been putting more industrial and agricultural items on the market in an attempt to balance supply and demand for goods.
A delegation comprised from federal and regional states and led by the Minister visited today customs stations in Adama, Oromia Regional State to see the activity of consumer goods being imported in to the country.
On the occasion, Trade and Regional Integration Minister, Kassahun Gofe told the Ethiopian News Agency that more than 1,000 trucks will commence transporting the goods from Adama customs station to the market today.
Highlighting the government’s efforts to stabilize the market, he affirmed that there is adequate stock of consumer goods in customs.
The foreign exchange management reform and implementation of macroeconomic policy will enhance the competitiveness of the business community, the minister stated.
Source Link : https://www.ena.et/web/eng/w/eng_4915060
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