{"id":16852,"date":"2022-11-10T20:58:30","date_gmt":"2022-11-10T20:58:30","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/industry-agriculture-linkage-vital-to-transform-ethiopias-economy-economic-experts"},"modified":"2022-11-10T21:04:28","modified_gmt":"2022-11-10T21:04:28","slug":"industry-agriculture-linkage-vital-to-transform-ethiopias-economy-economic-experts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/industry-agriculture-linkage-vital-to-transform-ethiopias-economy-economic-experts","title":{"rendered":"Industry-Agriculture Linkage Vital to Transform Ethiopia\u2019s Economy: Economic Experts"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ethiopia. <\/strong><\/span>Strengthening the linkage between the agriculture and industry sectors is vital to accelerate Ethiopia\u2019s transformation into industrialization, experts said.<\/p>\n<p>The Ethiopian Economic Association held discussion on financial liberalization and agriculture-industry linkages in Ethiopia today.<\/p>\n<p>Ethiopian Economic Association (EEA) CEO, Professor Mengistu Ketema told ENA that the linkage between the agriculture and industry sectors has been weak for years.<\/p>\n<p>This trend has to be changed for both sectors to flourish in the future and for the nation to benefit from these key sectors, he added.<\/p>\n<p>Citing that most of the industries in the country are using imported inputs from abroad, the CEO stated that Ethiopia has a huge agricultural sector which could contribute greatly for the growth of the industry.<\/p>\n<p>According to him, the growth of the industry sector is inevitably pivotal in creating jobs, gaining foreign exchange and or substituting import by local products.<\/p>\n<p>As a result, the sector has a huge role to play in boosting the economy of the nation, Professor Mengistu noted.<\/p>\n<p>Solomon Tsehay, a lecturer at Addis Ababa University said working on strengthening the linkage between agriculture and industry is vital for Ethiopia to accelerate its transformation into industrialization.<\/p>\n<p>He believes that well designed planning and implementation has to be prioritized for the sectors to be more successful and for the linkages to be realty, among other measures.<\/p>\n<p>Apart from creating the planning and paperwork, evaluating and monitoring mechanisms are also crucial to realize the ambitions of the nation in the sectors, the lecturer pointed out.<\/p>\n<p>Highlighting that a nation like Ethiopia, with about 70 percent of its population depending on agriculture, Solomon said working on strengthening the linkage with industry should be a priority.<\/p>\n<p>Besides, he finally stressed the need for focusing on the productivity of the agricultural sector.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ethiopia\">Ethiopia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ethiopia. Strengthening the linkage between the agriculture and industry sectors is vital to accelerate Ethiopia\u2019s transformation into industrialization, experts said. The Ethiopian Economic Association held discussion on financial liberalization and agriculture-industry linkages in Ethiopia today. Ethiopian Economic Association (EEA) CEO, Professor Mengistu Ketema told ENA that the linkage between the agriculture and industry [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":16851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,277,235,1482],"class_list":["post-16852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ethiopia-2","tag-ethiopia","tag-ethiopias-economy-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Industry-Agriculture Linkage Vital to Transform Ethiopia\u2019s Economy: Economic Experts - Ethiopia<\/title>\n<meta name=\"description\" content=\"Strengthening the linkage between the agriculture and industry sectors 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