Addis Ababa May 20/2023 (ENA) Ethiopia has registered 6.2 percent average growth during the last three years, Planning and Development Minister Fitsum Assefa disclosed. Speaking on the occasion, the minister presented the performance of the implementation of the first phase of the homegrown economic reform program, and the preparation of the second phase. The second phase homegrown economic reform program from 2024 to 2026 is readied, she added. In second phase of the homegrown economic reform program, four key pillars that focus on building a stable macro-economy, creating a favorable investment and business environment have been identified. The homegrown economic reform program will also focus mainly on accelerating structural transformation of the economy, enhancing investment and savings, and stabilizing inflation and cost of living."

Source: Ethiopian News May 20, 2023 20:10 UTC