Ethiopia Aims for Double-Digit Growth by 2025/26

0
Ethiopia Aims for Double-Digit Growth by 2025/26
Ethiopia Aims for Double-Digit Growth by 2025/26

Africa-Press – Ethiopia. Ethiopia has already surpassed its pre-pandemic growth trajectory and is on course to register double-digit economic expansion in the 2025/26 fiscal year, Eyob Tekalign, Governor of the National Bank of Ethiopia (NBE) said.

Governor Eyob made the remarks while attending the Alula Conference for Emerging Market Economies, co-organized by the Ministry of Finance of the Kingdom of Saudi Arabia and the International Monetary Fund (IMF).

In a statement shared with ENA, during the conference, the Governor underscored the critical role of macro-economic reforms in sustaining Ethiopia’s growth rebound.

“Ethiopia has already surpassed pre-pandemic growth rates and is poised to achieve double-digit growth in the 2025/26 fiscal year,” he noted, emphasizing that comprehensive macroeconomic reforms have been instrumental in stabilizing the economy and restoring momentum.

The Alula Conference brings together a select group of finance ministers, central bank governors, and global leaders from both the public and private sectors to deliberate on the future of emerging market.

For More News And Analysis About Ethiopia Follow Africa-Press

LEAVE A REPLY

Please enter your comment!
Please enter your name here