Members of the Standing Committee on Government Development Organization Affairs of the House of People's Representatives conducted an in-person review of the Ethiopian Trade Corporation's performance for the past six months on January 17/2024.

The Chairman of the Standing Committee, Honorable Professor Mohammed Abdu, pointed out that the Ethiopian Trading Businesses Corporation has done encouraging work to stabilize the inflation of consumer products. However, he stressed that it is necessary to plan widely for those with performance deficiencies.

Acha Demisse, Chief Executive Officer of Ethiopian Trading Businesses Corporation, thanked the members of the Standing Committee for attending and conducting an evaluation. He pointed out that the support provided by the committee is good. He stressed that the security problem and the illegal business system in different parts of the country are a challenge for the corporation and the CEO explained that the existence of the institute is in danger because the properties of the institute in different parts of the country are being seized without the law.

It has been pointed out in the report that the Corporation contributed significantly to the stabilization of the market by deducting a total of 1.3 billion birr from the normal transaction price of the products offered by the Corporation in the last 6 months.

The members of the standing committee discussed with the members of the basic workers union of the corporation besides evaluating the implementation of the plan of the last six months of the corporation. They also gave feedback after visiting the consumer goods business sector store and coffee center in Kaliti, the grain storage and organization center in Saris and the activities of the Corporate Logistics and Technical Services Directorate.

In conclusion, the Chairman of the Standing Committee, Honorable Professor Mohammed Abdu, stated that transparency has been created and that they have been made to know the institution well. He said that they will support the corporation to solve its challenges. He added that the workers and the management should work together and the effort to stabilize the price should be strengthened.