Ministry of Foreign Affairs Plans to sell dam bonds worth $6.5M

Addis Ababa (HAN) September 19.2016. Public Diplomacy & Regional Security News. The Ministry of Foreign Affairs (MoFA) plans to sell Grand Renaissance Dam bonds worth 6.5 million US dollars for Diaspora Ethiopians this Ethiopian fiscal year.

Tewolde Mulugeta, Spokesperson at MoFA, told FBC that his ministry has finalized preparations aimed at attaining the plan.

The ministry had conducted hundreds of consultations with Ethiopians and foreign nationals of Ethiopian origin residing abroad on issues related to the dam and other national development activities he said.

The Ministry sold 5.6 million US dollars worth bonds last fiscal year. However, the plan was to sell bonds worth 6.2 million US dollars.



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