Prime Minister Abiy Ahmed, who is presenting his government’s position to the House of Peoples’ Representatives, said Ethiopia’s gross domestic product (GDP) has reached 3.375 or 107.4 billion USD.
Prime Minister Abiy Ahmed on his part said Ethiopia is expected to register 6.1 percent economic growth in the face of the current crisis.
He said the success of the government’s response to the cholera epidemic has played a significant role in its development.
He noted that the government had been heavily involved in the development of large-scale debt consolidation for Africa, as well as diplomatic efforts to improve the repayment period.
He said the country’s gross domestic product (GDP) has reached 3.375 trillion birr ($ 107.4 billion) in the 2012 Ethiopian budget year.
He said the per capita income of more than $ 1,000 per capita has enabled Ethiopia to achieve its plan to be among the low-income countries, adding that the significance of the growth will be enhanced.
Efforts have been made to sustain the growth of the agricultural, industrial and service sectors, while the growth of the transport, tourism and education sectors has been hampered by Korona.