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Ethiopia’s Homegrown Economic Reform has Set the Stage for Sustainable Growth

Also known as the Reform Program, it was launched under the administration of Prime Minister Abiy Ahmed in 2019. The reform program highlights the importance of the private sector to the national economy and the key role it plays in growing the business environment. The objectives of the reform agenda include securing macro-economic stability in order to support ongoing rapid economic growth, readjusting the respective roles of the public and private sectors within the economy and connecting with both new and existing sources of growth. The three key pillars are the macro-financial, structural, and sectoral levels. While the crucial sectors include agriculture, manufacturing, mining, tourism, information, communication and technology.