Ethiopian Members of parliament voting on Private-Public Partnership bill amendment on December 22, 2022 (Photo : Public Domain)borkenaUpdated on December 22, 2022 at 8:20 P.M. Toronto TimeIn what seems to be a deepening trend of neoliberal economic policies, the Ethiopian Parliament on Thursday approved a draft bill for private-public partnership. There is a belief that the bill is useful to encourage projects under private-public partnerships. Desalegne Wodajo – chair of the Plan,Budget and Finance Affairs Committee in the House – is cited as saying that there is a bigger role for the private-public partnership to foster economic growth and encourage Private-public partnership projects. Some of the major revenue earners in the country including the telecom sector were made open for expatriate investors. It remains to be seen if Ethiopian Airlines, the major revenue earner and the most successful in the continent, will not be privatized.

Source: Ethiopian News December 23, 2022 03:25 UTC