1min1990

The agricultural sector has always been labelled as the backbone of the economy for the last three successive regimes in Ethiopia, albeit being denied of the deserving attention. Despite employing close to three-fourths of the country’s workforce, the sector has been at the receiving end of disservice by the political elite who consistently claim to have modernized it. The EPRDF administration has acknowledged that the agricultural sector is the launching pad to industrialization.



1min3510

In modern economies, keeping tax rates at reasonable levels is uncompromised, because of its significance in promoting the development of the private sector, creation of a transparent economy, and the formalization of businesses. The reality is different in Ethiopia. Tax is usually misunderstood as an instrument to increase government revenues, even at the expense of businesses’ survival, with the latest being the excise tax bill introduced by the government last month.



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