Sub-Saharan Africa
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Efforts Made to Reduce Ethiopia's Reliance on Foreign Aid by Developing Its Resources: Gov't

© Photo X / @TemesgenTiruEthiopian Deputy Prime Minister, Temesgen Tiruneh
Ethiopian Deputy Prime Minister, Temesgen Tiruneh - Sputnik Africa, 1920, 13.06.2024
On June 11-12, the Ethiopian Council of Ministers gathered for the evaluation of tasks done over the past 100 days of this Ethiopian fiscal year. The country's Prime Minister, Abiy Ahmed, also took part in the meeting.
Efforts are being made to reduce Ethiopia's reliance on foreign aid by harnessing its natural resources, Ethiopian Deputy Prime Minister Temesgen Tiruneh said at the conclusion of the Ethiopian Council of Ministers' 100-day performance evaluation meeting.
He noted that summer irrigation resulted in high yields, with rice cultivation and other crops providing bountiful harvests.
The deputy prime minister also emphasized the launch of the "Bounty of the Basket" (Ye Lemat Tirufat) initiative as a new opportunity for every family to attain a balanced diet and better nutrition.
Ethiopian Foreign Minister Taye Atzke Selassie at the BRICS foreign ministers' meeting in Nizhny Novgorod. - Sputnik Africa, 1920, 11.06.2024
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In addition, multiple forums and consultations were organized in various regions of the country to promote self-reliance among the citizens in the agricultural sector, he said.
The deputy premier noted that the ongoing Addis Ababa corridor development project is successfully transforming the capital city's infrastructure and aesthetics.
As for the manufacturing industry and mining sector, there is a clear focus on doubling the capacity of factories, according to the deputy prime minister.
He stated that economic growth of 7.9% is projected to be achieved by the end of the Ethiopian fiscal year this month, with expectations of at least 8.3% growth in the upcoming fiscal year.