Addis Ababa, April 26, 2024(Addis Walta) The Council of Ministers has approved regulations and policies, and referred a proclamation to the House of People’s Representatives.
The first bill discussed was a proclamation on improving the export tax incentive with the view to increasing foreign currency earnings needed for industrial development and investment, according to the Office of the Prime Minister.
It also aimed to overcome the limitations seen in encouraging investors engaged in export business and to improve competitiveness by establishing a system that encourages the actors in the sector, it was learned.
The council unanimously referred the draft proclamation to the House of People’s Representatives for approval.
A draft regulation to determine fees charged for services provided by the Federal Cooperative Work Commission was tabled next.
The regulation was prepared with the view to expanding the services provided by the commission, improving the quality of the services, and establishing a system that will partially cover the cost of providing services in a manner that takes into account the capabilities of the user community.
The draft regulation was approved to be effective from the date of its publication in the Negarit Gazette.
A draft policy on health policy was also discussed by the council. Recall that the existing health policy remained unchanged for the past three decades.
Therefore, it has become imperative to improve the policy due to the significant growth of the population, the increase in communicable and non-communicable diseases, and changes occurring in health at the national and international levels.
Moreover, the sector has been facing problems in terms of providing quality and equitable services. Providing a health policy compatible with the social and economic development of the country is also crucial.
The draft health policy was approved by the council to become effective from the date of its approval.
Finally, the council discussed the draft agriculture and rural development policy. The agricultural policy that is in place does not keep up with the growing production and productivity demands of the country.
It has, therefore, become necessary to change the practices that hinder the development of the agricultural sector and the need for a policy that is compatible with the multi-sectoral economic system that the country follows.
The draft policy presented to the council is expected to help increase agricultural production and productivity and bring about rural transformation.
The council approved the draft agriculture and rural development policy to be effective from the date of its approval.