Ethiopia Aims for 11 Percent Economic Growth in Fiscal YearOctober 10, 2017 - In his opening speech to the Ethiopian parliament, Ethiopian President Dr. Mulatu Teshome disclosed his government’s plan to realize over 11 percent economic growth in the current Ethiopian fiscal year. According to the Ethiopian president, manufacturing industry, agriculture and foreign trade are among the key areas in the plan. By working on the key sectors effectively, Mulatu said Ethiopia would realize the 11 percent growth, recalling the 10.9 percent growth registered last year despite the drought. Enhancing the capacity of manufacturing industries in producing value added products and encouraging import substitution will be among the major activities to realize the goal, the Ethiopian president added. Saying that these activities brought fruits in addressing public queries, Mulatu affirmed for the continuation of these efforts to ensure good governanceSource: Ethiopian News AgencyBack Print

Source: Ethiopian News October 10, 2017 19:30 UTC