Also key to the economy team is finance minister Ahmed Shide who steered the 2024/25 budget through parliament on 5 July...
But Abiy finance minister Ahmed Shide and National Bank of Ethiopia (NBE) governor Mamo Mihretu have presided over higher fiscal and current account deficits almost 30% inflation a vastly overvalued currency depleted foreign exchange reserves and shortages hitting businesses and a new debt crisis...
The 2023-24 budget read to parliament by Finance Minister Ahmed Shide last month boosts overall spending to 801...
In discussions with Finance Minister Ahmed Shide during the Bank's Spring Meetings it indicated it was reluctant to make any firm commitments on debt-relief now a serious issue in the absence of stronger humanitarian aid flows and of better-established peace...
Finance Minister Ahmed Shide discussed debt relief with IMF Managing Director Kristalina Georgieva in Washington during the 18-24 April Spring Meetings of the Fund and the World Bank...
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Ahmed Shide Minister of Finance was a Somali member of the group...
To counter this Finance Minister Ahmed Shide has announced 122bn birr ($2...
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Finance minister Ahmed Shide overseeing the delayed telecoms and financial sector liberalisation will keep his job as Foreign Minister Demeke Mekonnen who has struggled to deflect international criticism of the war in Tigray...
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The first item of business on his return from the Alps was a dust-up involving Mustafa Muhammed Omer the progressive new acting president of Somali region who was threatening to resign after his appointments had been blocked apparently by Abiy's finance minister Ahmed Shide who also happens to be the head of Somali region's ruling Somali People's Democratic Party (AC Vol 59 No 21 Push-ups and makeovers)...
As well as blaming Ahmed Shide Mustafa's allies accused the ODP's Fekadu Tessema who has a senior federal role but is said to be operating as Abiy's political enforcer of plotting to replace him with Abdiwasa Bade a junior science and higher education minister in the federal government...
There were also allegations that Ahmed Shide was in cahoots with exiled allies of Abdi Iley...
The ODP's Workneh Gebeyehu remains at the Foreign Ministry – one of six ministers from Abiy's party – while the new leader of Somali region's ruling party Ahmed Shide was named Finance Minister replacing Abraham Tekeste from the TPLF who was capable and popular with donors...