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The Growth and Transformation Plan (GTP) was a national five-year plan created by the Ethiopian government to improve the country's economy by achieving a projected gross domestic product (GDP) growth of 11-15% per year from 2010 to 2015. The plan included details of the cost (estimated at US$75–79 billion over the five years) and specific ...
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It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
The ministry was established under Proclamation No. 471/2005 in October 2005. The Proclamation defines its objectives and functions; [1] [2] [3] to formulate and implement policies, strategies, plans and programs that promotes urban development and construction activities.
The majority of Ethiopia's population live in rural areas and very few have access to electricity. Ethiopia is planning for a carbon-neutral status by 2025. [5] This aim was set through their ambitious three-stage Growth and Transformation Plan, Ethiopia seeks to transform itself into a modern economy by 2025. According to the Ministry of Water ...
Ethiopia has achieved economic growth of more than 7% in the past decade. During Meles Zenawi's administration, Ethiopia boosted the fastest economic growth in Africa in terms of GDP with double-digit economic growth for his last nine years, resuming seven years after his death when his party, the TPLF, continued the same policy. The rise of ...
Beautifying Sheger is a project sponsored by the Ethiopian government that aims to clean rivers and create public works in the capital city, Addis Ababa.It was launched on 27 February 2019 under Prime Minister Abiy Ahmed, and aims to run for three years.