๐ง๐ฒ๐ฎ๐ฐ๐ต๐ฒ๐ฟ๐โ ๐๐ผ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ธ ๐ฆ๐ฒ๐ ๐๐ผ ๐๐ฎ๐๐ป๐ฐ๐ต
April 16, 2025 |#EBR_News
In a bold move to ease the growing financial burden on educators, Ethiopia is preparing to launch the Teachersโ Cooperative Bank, a dedicated financial institution aimed at empowering teachers. Education Minister Professor Berhanu Nega told lawmakers that the bank could begin operations as early as next year.
Speaking before the House of Peopleโs Representatives while presenting the Ministryโs nine-month performance report for the 2024/2025 fiscal year, Professor Berhanu said the bankโs success hinges on whether the government can allocate land for teachers to construct their own homes. The bank is expected to offer low-interest loans specifically designed to help teachers navigate the countryโs challenging economic environment.
Berhanu states, "But its launch depends on our ability to secure land for housing, which is a major hurdle.โ
April 16, 2025 |#EBR_News
In a bold move to ease the growing financial burden on educators, Ethiopia is preparing to launch the Teachersโ Cooperative Bank, a dedicated financial institution aimed at empowering teachers. Education Minister Professor Berhanu Nega told lawmakers that the bank could begin operations as early as next year.
Speaking before the House of Peopleโs Representatives while presenting the Ministryโs nine-month performance report for the 2024/2025 fiscal year, Professor Berhanu said the bankโs success hinges on whether the government can allocate land for teachers to construct their own homes. The bank is expected to offer low-interest loans specifically designed to help teachers navigate the countryโs challenging economic environment.
Berhanu states, "But its launch depends on our ability to secure land for housing, which is a major hurdle.โ