in Short
Ethiopia : 8.3% growth target for 2024
Ethiopia’s Minister of Planning and Development, Fitsum Assefa, has announced an economic growth target of 8.3% for the current fiscal year. Thanks to successes in agriculture, industry, and mining, the country has already achieved 7.9% growth. Agricultural yields increased by 100 million quintals, and gold and cement production improved, reducing inflation to 23%. The 2024 plan focuses on agriculture, industry, tourism, digital technology, and infrastructure to combat poverty.