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Ethiopia : 9.2% growth and record $8.3 billion in exports

Ethiopia achieved a 9.2% economic growth rate, according to President Taye Atske Selassie, with exports reaching a historic $8.3 billion, up 115% from the previous year. Agricultural output grew by 24.7% to 1.57 billion quintals, gold production surged from 3.9 to 38.9 tons, and industrial capacity rose to 65%. Inflation dropped to 13.9%, while the minimum wage for civil servants increased to 6,000 birr. The government also closed the fiscal year without borrowing from the central bank for the first time.

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