The government misses targetThe past two years’ overjoy in the export sector has come to an end, with revenues in the last five months showing a modest decline from last year. Officials, including Prime Minister Abiy Ahmed, praised the industry for generating a record four billion dollars in export earnings last fiscal year. Commodity exports were USD 371 million less than what the Ministry of Trade and Regional Integration had targeted at the start of the fiscal year for the reporting period. Even though most items have seen a decline in export performance, the Ministry is quite concerned about the underperformance of agricultural products like pulses and oilseeds. “Even on Khat, there have been the same problems and was being traded through illegal channels,” Kumneger said.
Source: Ethiopian News January 07, 2023 20:47 UTC