
The Fastest Growing Economy In the world for 2017 Is Ethiopia
Tigrai Online, June 24, 2017
Advertisements
According to the World Bank’s latest edition of Global Economic Prospects Ethiopia is the fastest growing economy in the world for 2017. The Ethiopian economy will grow by 8.3% in 2017 says the World Bank’s report. In comparison the global economy will only grow by about 2.7%.
The following courtiers are the world’s fastest growing economies
Ethiopia 8.3%
Uzbekistan 7.6%
Nepal 7.5%
India 7.2%
Tanzania 7.2%
Djibouti 7.0%
Laos 7.0%
Cambodia 6.9%
Myanmar 6.9%
Philippines 6. 9%
Seven of the top ten countries are from Asia and 3 are from Africa. Ethiopia’s economy is growing in such fast pace because the EPRDF government has created the right policy and economic strategy for the country. Most of all it has majority of the Ethiopian people on its side.
There are two groups who are still not happy about the Ethiopian government’s execution of its economic policy in Ethiopia. The first group is angry because all this miraculous economic growth and transformation didn’t take place when they were in power, so they oppose or nitpick everything the government does. The second group is angry because the government is constantly trying to appease the first group despite their destructive nature.
Some Ethiopians are not happy the government is crowding most of the investment in the capital Addis Ababa instead of distributing it in fairly equal manner throughout the country. Especially when the city’s belonging is always in question, focusing all the domestic and foreign investment in one city is not very wise some people say. Those who are destroying millions of dollars worth of private and public investment should not be rewarded with much bigger and better factories and other investments without insuring that is not going to happen again.
Despite the grumbling of some people the Ethiopian economy is growing more than any country on earth. Now the federal government should turn its attention to making sure the wealth and benefits of the fastest growing economy is advantageous to the average Ethiopians.
You can read more in this article about this news: https://www.weforum.org/agenda/2017/06/these-are-the-world-s-fastest-growing-economies-in-2017-2/
Advertisements
More Articles
Ginbot-7 the terrorist group based in Eritrea left with only 280 soldiers
Betray Not Tigrai Again by Helena HaileSelassie, MD
Tesfaye Gebreab and his lies, once an errand boy always an errand boy
Sponsored Links
Mekelle University-MU to work with UIBE, China
Mekelle University to expand partnerships in China, Signs MoU with IPP, CAAS
Ethiopian Airlines Plans to buy 10 Airbus A350s Worth $3 Billion
African Union Urges Restraint in Djibouti-Eritrea Border Conflict
It seems PFDJ is deporting Ginbot-7 members from Eritrea to Ethiopia
Ethiopians resume enjoying their internet access after a week of disconnection
Ethiopia leads Africa in economic growth and fast expansion says The World Bank
Mesfin Weldemariam: one foot in the grave and still disgorging odium
After twenty six years what did the anti EPRDF forces accomplish?
U.S. Government Inaugurates state-of-the-art Health Laboratory in Mekelle, Tigrai
Bill Gates the American great philanthropist, is Woyane TPLF Ethiopian groups say
Who for WHO? Dr Tedros, who is Dr Tedros Adhanom Ghebreyesus
Dr. Tedros Adhanom elected as the New Director General of W.H.O
Ethiopian Historic Conservation Council in Support of Doctor Tedros Adhanom
Ethiopia secured access to Berbera port of Somaliland from DP world
World Demand for Ethiopian honey is growing but production is way behind
President Xi of China urges Ethiopia and China to upgrade their relationship
Manufacturing investment boom in Mekelle signaling environmental concerns