Prime Minister Abiy Ahmed announced a projected 8.4% growth for Ethiopia’s economy for the 2024/2025 fiscal year, surpassing the IMF’s forecast of 7%. Driven by a 12.8% increase in the industrial sector and 6.1% growth in agriculture, this momentum could gain further traction thanks to strong early-year results. The government also aims to reduce inflation, currently at 17%, by boosting production.
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