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Ethiopia 2011 www.african frugaloutlook.org ERITREA RED SEA YEMEN Mekele Gondar Lake Tana DJIBOUTI Bahir Dar Desè Debre Markos Gulf of Aden SUDAN horrible Dawa Harar Debre Zeit Nazret Jijiga ADDIS ABABA Jima Awasa Asela SOMALIA UGANDA KENYA Indian OCEAN National Capital (3 100 000 In. 2007) oer 300 000 over 100 000 0 km 65 135 195 km mercantile sort Petroleum Port Fishing Port airdrome Main Road This stand for is for illustrative purposes and is without prejudice to the status of or sovereignty over any territory covered by this map. African frugal Outlook 2011 2 | © AfDB, OECD, UNDP, UNECA Ethiopia Overview In 2010, Ethiopia move to register the sporting maturation as it has for the last ?ve years. crying(a) domestic product (GDP) festering in 2010 (2009/10) remained strong at 8.8%. Growth is driven by the renovation area (14.5%), fol slumped by the industrial (10.2%) and agricultural (6%) sectors. d raw off for a rebound in ?shing, the rest of the agricultural sub-sectors remained essentially unchanged from their levels in 2009. The service sectors jumper cable role is due to hotels and restaurants, ?nancial intermediation, exoteric serve and real estate.

The republic continues to struggle with the macroeconomic challenges of superior in?ation and very low international reserves. The governments ?ve-year Growth and Transformation forge was launched in 2010/11. If it is successful, the prospects for 2011 and 2012 are probable to be as constructive as in 2010. The project calls for the agriculture sector to estab lish the major source of economic growth. In! dustrial growth willing also be addicted particular attention. The government intends to fire industrialisation through increase exports and import substitution. The economy is communicate to grow at an average annual rate of 10% in 2011. The agriculture sector is expected to grow by 8.1% while industry and services are expected to take the stand an average annual growth of 20 and 11% severally during...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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