Top news items in Ethiopia's major media outlets

ADDIS ABABA, Dec. 20 (Xinhua) -- The following are news highlights in Ethiopia's major media outlets on Wednesday.

--President Mulatu Teshome has expressed the Ethiopian government's readiness to adopt the necessary policy instruments for the improvement of the financial sector.

Speaking during the 2nd Annual East Africa Finance Summit, the President said right policies and regulatory instruments are essential to sustain a healthy growth in the country. (Ethiopian Broadcasting Corporation/EBC)

-- Prime Minister Hailemariam Desalegn of Ethiopia has congratulated Cyril Ramaphosa on his election as the new president of South Africa's ruling party, African National Congress (ANC). (Fana Broadcasting Corporate/FBC)

-- President Mulatu Teshome on Tuesday received the credentials of incoming ambassadors of Gambia, Guinea Bissau, Italy, Israel and China at the grand palace.

The President told the ambassadors that Ethiopia is keen to open new chapters of partnership with the respective nations. (Ethiopian Broadcasting Corporation/EBC)

-- The Ministry of Youth and Sports of Ethiopia said it has prepared a five-year strategic plan that could help reduce the vulnerability of the youth for addictive substances and exotic cultural influence. (Fana Broadcasting Corporate/FBC) Enditem