Ezel part 11
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Ezel part 11

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Ezel part 11

 

 
REUTERS/TIKSA NEGERI
Ethio Telecom is on the cards for privatization
A RISING GIANT?

Ethiopia’s economic miracle ride is set to turn into a bumpy road

February 4, 2020
Dan Kopf
By Dan Kopf

Senior data reporter

Ethiopia’s rapid economic growth is one of the great stories of the 21st Century, but there are signs that the country’s boom may not be sustainable. Recent reports suggest government spending, not improved productivity, has been boosting economy. If the government’s investments don’t prove fruitful, and tax revenues don’t increase, the Ethiopian economic miracle could be in peril.

In 2000, Ethiopia, the second-most populous country in Africa, was the third-poorest country in the world. Its annual GDP per capita was only about $620 (in 2011 dollars). More than 50% of the population lived

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Ezel

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