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Ethiopia, Djibouti reaffirm commitment to expedite the already strong relations
State Minister Hirut Zemene met Djiboutian Ambassador to Ethiopia, Ambassador Mohamed Idriss Farah today (January 17, 2017) wherein the two sides have reaffirmed to expedite the already strong relations. Read MoreAboutEthiopia, Djibouti reaffirm commitment to expedite the already strong relations »
State Minister Hirut holds talks with Sudanese Ambassador
State Minister Mrs. Hirut Zemene held talks with Ambassador Gamal Alshaikh Ahmed, Ambassador of the Republic of the Sudan to Ethiopia and Permanent Representative to the African Union today (January 17, 2017), during which the two sides discussed on bilateral and regional as well as international issues of mutual interest. Read MoreAboutState Minister Hirut holds talks with Sudanese Ambassador »
Dr. Workneh meets with UN Special Envoy for Sudan & South Sudan
Foreign Affairs Minister Dr. Workneh Gebeyehu received the UN Secretary General Special Envoy for Sudan and South Sudan Nicholas Haysom in his office on Monday (January 16, 2017). Read MoreAboutDr. Workneh meets with UN Special Envoy for Sudan & South Sudan »
Ethiopia values the partnership with the Sudan with great fervour: State Minister Hirut
State Minister of Foreign Affairs Mrs. Hirut Zemene said Ethiopia values the partnership with the Sudan with great fervour. The State Minister made the remarks on the occasion of the 61st anniversary of the National Day of the Republic of the Sudan held at Hilton Addis, later on Monday (January 16, 2017). Read MoreAboutEthiopia values the partnership with the Sudan with great fervour: State Minister Hirut »
State Minister Hirut Zemene hands over a message to the King of Saudi Arabia
State Minister Hirut Zemene on Wednesday (January 11) handed over a message from President Mulatu Teshome to King Salman bin Abdulaziz Al Saud, expressing gratitude over the clemency granted to some 375 Ethiopians sentenced in Saudi Arabia. Read MoreAboutState Minister Hirut Zemene hands over a message to the King of Saudi Arabia »

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World Bank says Ethiopia’s economy to grow 10.5% in the next fiscal year (May 26, 2015)

The World Bank said Ethiopia's economy was expected to grow by 9.5% this fiscal year ending in June before accelerating to 10.5% for 2015/16, adding that it expected inflation to remain in single digits during this period. Lars Christian Moller, the World Bank's lead economist and program leader for Ethiopia, said on Friday (May 22) that falling oil prices should help quicken Ethiopia's growth in 2015/16. "If lower oil prices are passed on to consumer in the form of lower fuel prices", he said, "It gives additional disposable income to consumers." Mr. Moller, in an interview with Reuters, said the service and agriculture sectors were likely to drive growth, along with the booming construction sector. He said growth had eased slightly in 2014/15 due to slightly disappointing rains. Annual inflation is likely to remain in single digits, in line with the government target, he said, averaging 7.2% this fiscal year, rising to 8.2 percent in the next fiscal year.

Source: Ethiopian Embassy in Berlin, Germany