Ethiopia, 6 January 2026 Ethiopia’s Council of Ministers has approved an extensive package of policies, draft legislation, and regulatory measures covering critical sectors including mining, housing, health financing, migration services, cooperatives, aviation security, public service delivery, telecommunications, and sports development.
During its 51st regular meeting, the cabinet endorsed draft agreements to license fertilizer production and potash extraction, authorizing the Ministry of Mines to sign and implement them. The agreements aim to boost foreign currency earnings, create jobs, reduce fertilizer import costs, and ensure timely availability for farmers, while adhering to environmental safeguards and community benefit requirements.
The council also reviewed the National Housing Policy, emphasizing the need for a comprehensive legal framework to provide sustainable and affordable housing for urban and rural populations. The policy was approved in principle, pending completion of technical and legal reviews prior to implementation.
In the health sector, the cabinet approved a $30 million loan agreement with the Export–Import Bank of Korea to support the second phase of a medical equipment supply project. The loan carries a concessional interest rate of 0.01 per cent with a 40-year repayment period, including a five-year grace period, and was referred to the House of People’s Representatives for final approval.