He warned his government would take legal action against political parties that operate in breach of the country’s law. The Prime Minister further said the year-to-year inflation, which was at 14 percent for the past 15 years on average, has now decreased to 10.3 percent. The cost of Grand Ethiopian Renaissance Dam (GERD) has shown a 60 percent cost overrun due to delays of the project, according to the Prime Minister. According to the Prime Minister, at least 10 years will be required to address unemployment which currently stands at 10 million. The Prime Minister further stated that a billion birr project will be unveiled in Addis Ababa soon to attract more tourists.

Source: Ethiopian News February 02, 2019 11:48 UTC