ethiopiantimes

May 18, 2014

Unused government properties worth the annual foreign aid and loan the country gets: FEACC study

Filed under: Uncategorized — ethiopiantimes @ 2:41 pm
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Unused government properties worth the annual foreign aid and loan the country gets: FEACC study

The study conducted by the Federal ethics and anti corruption commission (FEACC)on the property administration and related issues of the government offices discloses that the value of unused government properties in the government offices across the country equals the amount of money the country is getting annually from foreign aid and loan.

The study points out various mismanagement practices in the purchasing, handling and protection of the government properties which are aggravated to a shocking condition. Purchasing processes which are prone for corruption, expensive items that are kept without use for years and properties that are lost, damaged or unaccounted are some of the problematic issues that are observed in the study.


Deputy Commissioner of FEACC Ato Wedo Ato discussed the result of the study with representatives of different government offices.

“The problem is of all of us; and you have to look into your organizations and try to correct the problem which is possible” He said. The country spends about 14% of its GDP for the purchase of various properties for the government offices and most government offices and agencies are known to have used from 60% to 70% for the purchase of various items and properties. In connection to this, the study depicts that in government offices across the country government property which worth what the county gets as loan and aid annually is accumulated without any use.

Girum Tebeje of DireTube from the Reporter

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