News: Ethiopia sets sights on full self-sufficiency in key industries within three years - News Summed Up

News: Ethiopia sets sights on full self-sufficiency in key industries within three years


Tarekegn Bululta, state minister for Industry, indicated that the ministry is actively striving to achieve its established targets. Currently, the domestic manufacturing sector fulfills approximately 38% of the national demand, with the remainder being met through importation. The State Minister disclosed that a selection of 96 products has been identified to facilitate the strategic transition towards self-sufficiency. Recently, the government sanctioned a new manufacturing policy with the aim of enhancing both the output and efficiency of the manufacturing sector. Currently, the manufacturing sector accounts for a mere five percent of Ethiopia’s total employment.


Source: Ethiopian News January 06, 2024 08:37 UTC



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