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The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [26] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. [27] [28]
Energy and infrastructure sectors cover the larger construction activities in Ethiopia, responsible for providing cost-effective homes for benefit of low-income households, and increased the country's GDP to 9.5%. This segment employs 1.8 million workers, which makes the second largest sector in Ethiopia. [1] Unfinished building in 2012
Transport in Ethiopia is overseen by the Ministry of Transport and Communications. Over the last years, the Ethiopian federal authorities have significantly increased funding for rail and road construction to build an infrastructure, that allows better economic development .
Ethiopia is currently one of 19 remaining countries on earth without a true stock exchange. Without access to capital and investments, Ethiopia's economy is growing at a snail pace of 5.4% in 2017. The digital divide plays a major factor in this because without access to technology the economy cannot keep up with the rest of the world.
to allow participation from civil society or private sectors. to enhance urban and construction model by conducting periodical research and studies. Chaltu Sani is the current minister as urban and infrastructure since 2021. [4]
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