Photo: PMOThe government is set to push forward with the second phase of its home-grown economic reform agenda, despite lackluster results from the initial phase implemented over the past three years. Prime Minister Abiy Ahmed (PhD) revealed during a briefing with parliament members on 06 July 2023, that the next phase of reforms will commence the following week. "Tewodros Makonnen, country economist, IGCThe Prime Minister, however, noted that this is beyond the government's control. Addressing concerns about inflation, the prime minister acknowledged that it remains a significant issue for policymakers and the general public. Prime Minister Abiy emphasized that slowing down inflation has been challenging, given the current global environment of rising prices.

Source: Ethiopian News July 07, 2023 17:19 UTC