01
Apr
Ethiopia, which entirely relies on imports for its fuel needs, has been subsidizing fuel to prevent transportation costs from escalating. Last year, the Ministry of Transport announced its decision to gradually diminish and eventually halt fuel subsidies due to heightened government expenditures and financial constraints. The suspension of fuel subsidies for companies not engaged in public transportation services began a year ago. Now, it has been declared that vehicles providing public transportation will also no longer receive fuel subsidies. The Fuel and Energy Authority has specified that minibuses, which have been benefiting from fuel subsidies since 2023, will cease to…