{"id":3217,"date":"2026-04-20T10:58:40","date_gmt":"2026-04-20T10:58:40","guid":{"rendered":"https:\/\/www.gcs.gov.et\/en\/?p=3217"},"modified":"2026-04-20T10:58:41","modified_gmt":"2026-04-20T10:58:41","slug":"economy-accelerates-sustained-double-digit-growth","status":"publish","type":"post","link":"https:\/\/www.gcs.gov.et\/en\/2026\/04\/20\/economy-accelerates-sustained-double-digit-growth\/","title":{"rendered":"Economy Accelerates Sustained Double-Digit Growth"},"content":{"rendered":"\n<p>April 12, 2018<\/p>\n\n\n\n<p>Prime Minister Abiy Ahmed disclosed today that Ethiopia\u2019s economy is on a strong upward trajectory, marking a significant shift from years of structural weakness and inefficiency.<\/p>\n\n\n\n<p>During opening the government\u2019s third 100-day performance review, Prime Minister Abiy highlighted comprehensive reforms that have transformed the country\u2019s economic landscape over the past nine months.<\/p>\n\n\n\n<p>The Prime Minister underscored that Ethiopia has moved beyond a cycle of fragile institutions, limited private sector participation, and debt-burden state enterprises.<\/p>\n\n\n\n<p>The economy was hindered by low productivity and climate vulnerability in the past, but now driven by a pragmatic political economy approach that strengthens resilience, competitiveness, and inclusivity for sustainable growth.<\/p>\n\n\n\n<p>The Premier has also stated the economy is currently growing at 9.2%, and we expect this to rise to 10.2% in the coming year. This momentum reflects targeted sectoral growth strategies, agriculture expanding at 7.9%, industry surging at 13.2%, and services advancing at 9.3%.<\/p>\n\n\n\n<p>These figures indicate Ethiopia\u2019s determination to sustain double-digit growth while strengthening its economic foundations. The review emphasized that reforms are not only delivering measurable results but also reshaping Ethiopia\u2019s development narrative.<\/p>\n\n\n\n<p>By prioritizing efficiency, competitiveness, and climate resilience, the government aims to secure long-term stability and prosperity, positioning Ethiopia as a rising economic force in the region.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.gcs.gov.et\/en\/wp-content\/uploads\/sites\/2\/2026\/04\/image-117-1024x683.png\" alt=\"\" class=\"wp-image-3218\" srcset=\"https:\/\/www.gcs.gov.et\/en\/wp-content\/uploads\/sites\/2\/2026\/04\/image-117-1024x683.png 1024w, https:\/\/www.gcs.gov.et\/en\/wp-content\/uploads\/sites\/2\/2026\/04\/image-117-300x200.png 300w, https:\/\/www.gcs.gov.et\/en\/wp-content\/uploads\/sites\/2\/2026\/04\/image-117-768x512.png 768w, https:\/\/www.gcs.gov.et\/en\/wp-content\/uploads\/sites\/2\/2026\/04\/image-117.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>April 12, 2018 Prime Minister Abiy Ahmed disclosed today that Ethiopia\u2019s economy is on a strong upward trajectory, marking a significant shift from years of structural weakness and inefficiency. During opening the government\u2019s third 100-day performance review, Prime Minister Abiy highlighted comprehensive reforms that have transformed the country\u2019s economic landscape over the past nine months&#8230;.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[1,4],"tags":[],"class_list":["post-3217","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-news_en"],"_links":{"self":[{"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/posts\/3217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/comments?post=3217"}],"version-history":[{"count":1,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/posts\/3217\/revisions"}],"predecessor-version":[{"id":3219,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/posts\/3217\/revisions\/3219"}],"wp:attachment":[{"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/media?parent=3217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/categories?post=3217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gcs.gov.et\/en\/wp-json\/wp\/v2\/tags?post=3217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}