{"id":4794,"date":"2021-05-07T16:44:42","date_gmt":"2021-05-07T16:44:42","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/?p=4794"},"modified":"2021-05-07T16:26:59","modified_gmt":"2021-05-07T16:26:59","slug":"pm-encouraged-by-achievements-in-economic-sector-during-past-three-years","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years","title":{"rendered":"PM Encouraged by Achievements in Economic Sector During Past Three Years"},"content":{"rendered":"

Africa-Press<\/a> – Ethiopia<\/a>. <\/strong><\/span>May 7\/2021(ENA) Encouraging achievements have been registered over the past three years in fiscal policy, state-owned enterprise reforms and the financial sector as part of Ethiopia\u2019s vision to prosperity, Prime Minister Abiy Ahmed said.<\/p>\n

According to the premier, over 200 billion Birr was invested on capital investments, which is a 27 percent increase from capital investments since 2018.<\/p>\n

The country\u2019s tax revenue has increased by 36 percent from 229 billion Birr to 311 billion Birr between 2018 and 2020, he added.<\/p>\n

External resource has also increased by 34 percent from 3.5 billion USD to 4.7 billion USD between 2018 and 2020, Abiy pointed out on his Facebook page.<\/p>\n

He further stated that close to 300 billion Birr investment in pro-poor spending, including in education, health, water and sanitation as well as roads and agriculture in 2020, that is 35 percent increase from 2018.<\/p>\n

Telecom sector liberalization is also underway to improve access, reliability and efficiency of telecom services to boost economic competitiveness and innovation, the PM added.<\/p>\n

Export revenue increased by 12 percent, after close to a decade of stagnant performance, he noted, adding that deposit mobilization increased by 42.6 percent, reaching a deposit of over a trillion Birr.<\/p>\n

The private sector\u2019s credit share increased from less than half (44 percent) in 2018 to 64 percent of total credits in the economy by 2020, showing the sector\u2019s improved access to finance and economic opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ethiopia. May 7\/2021(ENA) Encouraging achievements have been registered over the past three years in fiscal policy, state-owned enterprise reforms and the financial sector as part of Ethiopia\u2019s vision to prosperity, Prime Minister Abiy Ahmed said. According to the premier, over 200 billion Birr was invested on capital investments, which is a 27 percent […]<\/p>\n","protected":false},"author":84,"featured_media":4793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,277,235],"class_list":["post-4794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-ethiopia-2","tag-ethiopia"],"yoast_head":"\nPM Encouraged by Achievements in Economic Sector During Past Three Years - Ethiopia<\/title>\n<meta name=\"description\" content=\"May 7\/2021(ENA) Encouraging achievements have been registered over the past three years in fiscal policy, state-owned en ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM Encouraged by Achievements in Economic Sector During Past Three Years\" \/>\n<meta property=\"og:description\" content=\"May 7\/2021(ENA) Encouraging achievements have been registered over the past three years in fiscal policy, state-owned en ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-07T16:44:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/05\/img-60956a36797b6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"PM Encouraged by Achievements in Economic Sector During Past Three Years\",\"datePublished\":\"2021-05-07T16:44:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/05\/img-60956a36797b6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ethiopia\",\"ethiopia\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/pm-encouraged-by-achievements-in-economic-sector-during-past-three-years\",\"name\":\"PM Encouraged by Achievements in Economic Sector During Past Three Years - 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