In a statement published on social media alongside the third review of the government’s performance during its first hundred days, the office stated that this policy shift has already begun to yield tangible results.
The statement noted that “in response, we adopted a new and practical approach to political economy. This shift has enabled strong double-digit growth momentum.”
According to the update, the Ethiopian economy is currently growing at 9.2%, with projections indicating an increase to 10.2% in the coming year.
The government also set specific sectoral targets, emphasizing a comprehensive growth strategy. The statement said: “We are working to achieve the specified sectoral growth targets: 7.9% in agriculture, 13.2% in industry, and 9.3% in services.”
The office confirmed that these reforms are part of a broader effort to build a resilient and competitive economy. It added: “These efforts reflect our commitment to building a more resilient, competitive, and inclusive economy.”
Looking at past challenges, the statement acknowledged that the Ethiopian economy had been suffering from structural weaknesses.
The government indicated that ongoing reforms aim to address these obstacles while creating new opportunities for sustainable economic transformation.
The periodic review is conducted every hundred days as a mechanism to assess performance and align policy implementation with national development priorities.
