WHEREAS, following the reorganization of the Federal Government Executive organ Public Enterprises Holding and Administration Agency has been established in accordance with Article 32 (15) of the Definitions of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 1097/2018;

WHEREAS, it is provided by the proclamation that the Powers and duties of the Agency shall be defined by the regulation to be issued by the Council of Ministers;

NOW, THEREFORE, in accordance with Article 5 and 32 (15) of the Definitions of Powers and Duties of the Executive organs of the Federal Democratic Republic of Ethiopia Proclamation No. 1097/2019 the Council of Ministers has issued this Regulation.