ETHIOPIA ENDORSES 10 YEAR DEVELOPMENT PLAN

Ethiopia recently endorses a ten year development plan with the following 10 strategic pillar; quality economic growth, inclusive prosperity, competitiveness and productivity, technology capability and digital economy, green economy and shock resilient, sustainable growth and development finance, depart the private sector to lead the economy, institutional transformation, justice and good governance, and sustainable peace development and strong regional economic cooperation.

The key focus areas are multiply economic growth sources, financial sector development, doing business initiative, demographic dividend, quality, inclusive and economic centric infrastructure development, sustainable urbanization, and peace, justice and inclusiveness

The development plan that is expected to achieve real structural transformation by including different reforms in the macroeconomic policy and approach of development shows that the industry sector in general will be a major pillar to attain the demanded development in the coming decade.

Massive changes are expected on the industry sector that includes manufacturing and mining sector besides the construction industry.

Source: capitalethiopia.com