The Prime Minister, who stated that his government is ready to ratify the AfCFTA deal and deposit its instruments with the African Union, said: ‘Let us finance our own development. There are no losers with the AfCFTA. We are all winners.’ He also stated it must create ‘inclusive prosperity’ for all Africans, including marginalized and vulnerable communities. According to the ECA, however, the ratio of tax revenue to gross domestic product is already low in African countries. The importance of infrastructure and logistics for the AfCFTA was a major focus for the meeting.
Source: Ethiopian News May 15, 2018 13:18 UTC