Al-Raya Newspaper: Prominent Headlines of Issue 195

Al-Raya Newspaper: Prominent Headlines of Issue 193

At a summit on 9 July 2018 in Asmara, Eritrea's President Isaias Afwerki and Ethiopia's Prime Minister Abiy Ahmed signed a “Joint Declaration of Peace and Friendship” deal. The signed accord is summarized as follows:

The tax proposals submitted through the 2018 Finance Bill are designed to generate an additional Ksh 27.5 billion in tax revenue for the FY 2018/19. The 2018/2019 budget deficit of Ksh 558.9 billion (equivalent to 5.7 percent of GDP) will be financed by net external financing amounting to Ksh 287.0 billion (equivalent to 3.0 percent of GDP)