This morning, Prime Minister Abiy Ahmed (PhD) launched the third 100-day review of government performance for the past year, alongside a comprehensive assessment of the last nine months. The Prime Minister stated that the nation has moved away from an economy previously defined by weak institutional and political frameworks, an ineffective regulatory environment, and limited private sector participation. 

He noted that the private sector once faced low competitiveness, while state-owned enterprises were characterized by inefficiency and high debt levels. Additionally, productivity remained low and the economy was highly vulnerable to the impacts of climate change.

In response, a new, pragmatic political economy approach has been adopted, fueling double-digit growth momentum. According to the Prime Minister, the economy is currently growing at 9.2%, with expectations to reach 10.2% in the coming year. Sectoral objectives are also advancing, with 7.9% growth in agriculture, 13.2% in industry, and 9.3% in services. These efforts reflect a commitment to building a more resilient, competitive, and inclusive economy.