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$1,080,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jun 12, 2021
Project Estimated End Date
Dec 31, 2015
Project Description
The Ethiopia Business Regulation Project will strengthen the capacity of the Ministry of Trade Business Registry through modernization, further streamlining, and training to enable it to improve the current established registration turnaround time, register additional businesses.
Development Results
The overall objective of the Ethiopia Investment Climate Program is to streamline and simplify high priority regulations, processes, and practices that are burdensome to private businesses and address investment climate issues that are holding back investment and productivity growth in Ethiopia.
Recent legislation in trade licensing imposes significant new costs and risks on businesses requiring licensing and registration. Work will focus on traditional streamlining and rationalization of procedures, as well as encouraging a gradual shift towards regional/global practices of less 'dirgiste' regulation.
The Business Licensing and Registration component specifically aims at increasing the number of new businesses registered reduce the time and cost of business registration.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of entities receiving advisory services
Not Available
19
Number of workshops, training events, seminars, conferences, etc.
Not Available
18
Number of participants providing feedback on satisfaction
Not Available
400
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
Not Available
311
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
62
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
10
Number of new laws/regulations/amendments/codes/government policies drafted, or contributed to the drafting
Not Available
9
Number of participants in workshops, training events, seminars, conferences, etc.
Not Available
1,577
Number of entities that implemented recommended changes
Not Available
37
Number of recommended laws/regulations/amendments/codes enacted or government policies adopted
Not Available
9
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
Not Available
29
Direct compliance cost savings (US$)
Not Available
34,000,000
Press-Release
Additional Documents
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This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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