Over 1.9 billion Birr has been secured from various income generating schemes for the construction of the Grand Ethiopian Renaissance Dam (GERD) during the past 11 months of the current fiscal year, Office of National Council for the Coordination of Public Participation on the Construction of GERD disclosed.
Office Public Relations Head Hailu Abraham told The Ethiopian Herald that the performance has surpassed the target by over 400 million Birr. The office has managed to collect a maximum one billion Birr in previous years and the 1.9 billion Birr contribution is unprecedented in this regard.
Noting the Office has planned to raise two billion for GERD in the current year, Hailu said that the public has demonstrated overwhelming participation in financing the construction of the mega dam.
“During the past 10 years we have managed to collect 15.6 billion Birr from the public to the GERD,” he stated, adding that the office plans to develop a national network that will provide timely information about the dam for Ethiopians residing in home and abroad.
As to the head, preparation has been finalized to launch the GERD network that would have multiple importance in mobilizing funds for the mega dam thereby supporting Ethiopia’s vision to prosper.
The network would bring individual and societal knowledge to support the national efforts to ensure the development and utilization of natural resources, it was learned.
The Ethiopian Herald July 4/2021
BY MULATU BELACHEW
- Are Tigray mercenaries fighting in conflict-ravaged Sudan?Mercenaries from Ethiopia’s Tigray People’s Liberation Front are fighting alongside Sudanese army regulars against fighters of the Rapid Support Forces (RSF), the paramilitary group is claiming.… Read more: Are Tigray mercenaries fighting in conflict-ravaged Sudan?
- Sudan’s RSF Accuse Tigray People’s Liberation Front of Backing SAFSudanese warring party Rapid Support Forces has officially accused the Tigray People’s Liberation Front Fighters of fighting in Sudan in support of the Sudanese Armed Forces… Read more: Sudan’s RSF Accuse Tigray People’s Liberation Front of Backing SAF
- Ethiopia Working To Secure New Development Bank MembershipThe Ministry of Foreign Affairs disclosed that Ethiopia is working hard to become member of BRICS’ New Development Bank. In a media briefing regarding the country’s… Read more: Ethiopia Working To Secure New Development Bank Membership
- National Dialogue, Transitional Justice And Rehabilitation Process Pillars of Lasting Peace, Prosperity: CouncilThe Ethiopian National Security Council has issued a statement on latest developments in the country. In its statement, the Council underscored the need to mend the… Read more: National Dialogue, Transitional Justice And Rehabilitation Process Pillars of Lasting Peace, Prosperity: Council
- Somaliland offended by G7 referring the Republic of Somaliland as “Somaliland Region of Somalia” The Republic of Somaliland, is a sovereign state with its own laws and constitution, reaffirmed by the people of Somaliland in a democratic constitutional referendum. The… Read more: Somaliland offended by G7 referring the Republic of Somaliland as “Somaliland Region of Somalia”