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Addis Ababa, 9 April 2017Ethiopia has recorded significant economic progress over the past nine months, driven by comprehensive macroeconomic reforms. Despite both internal and external challenges, the country is projecting an 8.4% economic growth rate for the current fiscal year, according to the Government Communication Service (GCS). In a performance review held today, the GCS attributed the economic gains to a series of structural and policy reforms implemented across various sectors. The third-quarter government performance report highlighted notable advancements in multiple areas. Mr. Kebede Desisa, State Minister for Public Relations and Institutional Coordination, emphasized the country’s ability to maintain stability and achieve economic growth despite external pressures and domestic challenges. He noted that the reforms have significantly strengthened the national economy and enhanced overall prosperity. Among the key measures, he pointed to market-oriented monetary...