Global·NewlyNewsET

Addis Ababa Still Carrying 30bln Birr Housing Debt, Mayor Says

ET · · The Reporter Ethiopia

Addis Ababa Mayor Adanech Abiebie says the city is still burdened by nearly 30 billion Birr in outstanding housing-related debt, a liability city officials say continues to constrain efforts to finance new condominium projects through bank loans. Addressing the City Council this week, the mayor said her administration inherited more than 60 billion Birr in […]