Germany pledges €80.6mln financial support to Ethiopia

Addis Ababa, December 18, 2021 (FBC) – Germany has pledged 80.6 million Euros financial support to Ethiopia.

The Finance Minister Ahmed Shide received Ambassador of Germany to Ethiopia, Stephan Auer at his office. On the occasion, the two discussed ways of enhancing economic development cooperation between Germany and Ethiopia.

Ambassador Stephan Auer expressed readiness of his country to extend 80.6 million Euros financial support to Ethiopia.

The financial grant is aimed to enhance food security program, good-governance, land resource utilization, agricultural mechanization and drought resiliency projects in Ethiopia.

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