Economy

The latest discussion and analysis of the Ethiopian economy.

Ethiopia’s Economic Woes: 7 Insights Into the $100 Billion GDP Slump

January 20, 2025

Ethiopia’s GDP has reportedly decreased to approximately 100 billion dollars due to external factors. The nominal GDP of Ethiopia, which reflects the total value of goods and services produced within the country,

Business·Economy·News

Ethiopia’s New Banking Legislation: A Double-Edged Sword for Domestic Banks

December 17, 2024

The recent banking legislation in Ethiopia signifies a major transformation in the nation’s financial sector, aiming to remove long-standing barriers that have restricted foreign banks from participating in the local market. This

Ethiopia Transfers Control of Ten Companies to the Sovereign Wealth Fund

Ethiopia has transferred ownership of ten state-owned enterprises to the government’s sovereign

Ethiopia’s Multidimensional Poverty Crisis (OPH)

Ethiopia is currently grappling with a profound multidimensional poverty crisis. According to

Economy·News

86 Million Ethiopians Face Extreme Poverty: Insights from the Multidimensional Poverty Index

October 19, 2024

by The Habesha

The demographic of impoverished individuals, totaling 1.1 billion, is distributed across 112 countries within a global population of 6.3 billion. A significant portion, nearly

Economy·News

Ethiopia’s Currency Reform: A Double-Edged Sword Affecting Economic Stability

September 21, 2024

by The Habesha

By Dylan GAMBA In a modest clothing boutique located in the capital of Ethiopia, Medanit Woldegebriel has witnessed a near doubling of her dress

Economy

Ethiopia Faces Broader Systematic Failure and Business as Usual

September 14, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-09-14 These days both ordinary citizens and experts are actively discussing the various crises facing the country, including soaring inflation, declining

Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty-Six, Path Advice to Stakeholders)

August 17, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-08-14 In a document divided into twenty-five sections, I have explored the technical aspects of crafting a long-term national development plan

Tsegaye Tegenu (PhD) Creation of economic prosperity roadmap for Ethiopia

Business·Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty-Five, Funding Sources and Impacts)

August 11, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-08-11 Funding long-term national development plans refers to the process of securing and managing financial resources to support strategic initiatives aimed

ANALYSIS & OPINION·Economy

Ethiopia’s Economic Reform: Prescription Mismatches Ailment

August 9, 2024

by The Habesha

By Fayessa A Ethiopia’s economic reform, without complementary and serious political reform, is not going to remedy the country’s significant challenges, in fact it’s

ANALYSIS & OPINION·Economy

The Idea of Implementing a Market-based Exchange Rate System in Ethiopia continues to be an elusive goal

August 9, 2024

by The Habesha

By Kbour Gena August 9, 2024 (TH) – Ethiopia’s recent shift from a restricted foreign exchange rate to a market-oriented free exchange rate system

Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty-Four, Governance Environment)

August 4, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-08-04 We will continue our discussion on the practical challenges we face in implementing and managing the long-term national development plan.

Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty-Three, Policy-Making Experience)

July 31, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-07-31 The vision of “Creating a Post-Scarcity Economy, Thriving Middle Class, and Self-Reliant Society” encompasses 342 operational strategies and 354 policies.

Economy

IMF Approves $3.4B Program: Ethiopia Bonds Surge

July 30, 2024

by The Habesha

Following the International Monetary Fund’s decision to provide Ethiopia with a loan of $3.4 billion over a four-year period as part of an economic

Economy

“Navigating the New Foreign Exchange Market: No Cause for Celebration” Ato Kabur Gena

July 29, 2024

by The Habesha

The Ethiopian government has made the decision to transition the foreign exchange transaction rate to be governed by the market system. As a result,

Economy

Economic Consequences of Ethiopian Birr Devaluation in Foreign Markets

July 28, 2024

by The Habesha

The National Bank of Ethiopia recently declared the restructuring of the nation’s foreign exchange management system in response to the Ethiopian government’s macroeconomic reform

Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty-Two, Policy Framework and Stakeholder Dynamics)

July 25, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-07-24 In the context of a long-term national development plan, a policy framework provides the structured and coherent set of guidelines,

Economy

Ethiopia Needs Long-Term National Development Plan (Part Twenty, Timeline and Key Milestones)

July 19, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-07-19 The long-term national development plan we are discussing has extensive components: six overarching goals, 38 fundamental pillars, 114 objectives and

Economy

Ethiopia Needs Long-Term National Development Plan (Part Nineteen, Operational Strategies)

July 16, 2024

by The Habesha

Tsegaye Tegenu, PhD 2024-07-16 Part nineteen continues the discussion on the strategy component of the actionable steps in the long-term development plan. We are

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