One of Ethiopia’s long awaited privatisation initiatives – the partial privatisation of ethio-telecom – is moving a step forward and Deloitte & Touch has been awarded the task of transaction advisory, it was learnt.
In the face of the Coronavirus pandemic, where the impact on the economy is not yet known, economists have come up with a grim projection indicating that the Gross Domestic Product (GDP) growth could shrink to 0.6 percent for the current year, The Reporter has learnt.
Prime Minister Abiy Ahmed (PhD) expressed his confidence over his government’s ability to manage Ethiopia’s overall debt stress, as his administration presented a total budget outlay of 476 billion birr for the upcoming Ethiopia budget year, early this week.
A lot has happened and a number of scholars have written about the grand economic plans the Government of Ethiopia put in place. The Growth and Transformation Plans (GTP), a two-term five-year economic plan was being implemented.