Zena Digest
Foreign Ministry Plans to Finance Headquarters Restoration via Local Partners
Addis Fortune

Foreign Ministry Plans to Finance Headquarters Restoration via Local Partners

According to Foreign Affairs Minister Gedion Timotheos (PhD), Ethiopia's Ministry of Foreign Affairs has decided to finance the restoration of its headquarters through local partners' contributions. The Minister emphasized that selecting local funding sources is a deliberate matter of national sovereignty rather than a result of financial necessity. He noted that while the Ministry possesses the capability to secure foreign financing, relying on external money could introduce outside influence and compromise independence. Additionally, the Ministry clarified that it does not intend to draw from its own regular government budget to complete the renovation project. By relying exclusively on local partners, the institution aims to safeguard its operational autonomy while restoring its principal office infrastructure.

AI summary · may contain errors

Read the full story at Addis Fortune

Zena Digest
Ethiopian news in Amharic, Afaan Oromo, Tigrinya and English
Get it on Google Play

More Ethiopian news

All the latest news →