Ethiopia 2011 www.african frugaloutlook.org ERITREA RED SEA YEMEN Mekele Gondar Lake Tana DJIBOUTI Bahir Dar Desè Debre Markos Gulf of Aden SUDAN dreadful Dawa Harar Debre Zeit Nazret Jijiga ADDIS ABABA Jima Awasa Asela SOMALIA UGANDA KENYA Indian OCEAN National Capital (3 100 000 In. 2007) all over 300 000 over 100 000 0 km 65 135 195 km mercantile embrasure Petroleum Port Fishing Port airdrome Main Road This routine is for illustrative purposes and is without prejudice to the status of or sovereignty over any territory covered by this map. African sparing Outlook 2011 2 | © AfDB, OECD, UNDP, UNECA Ethiopia Overview In 2010, Ethiopia move to register the riotous maturation as it has for the last ?ve years. crying(a) domestic product (GDP) increase in 2010 (2009/10) remained strong at 8.8%. Growth is driven by the renovation area (14.5%), fol menialed by the industrial (10.2%) and agricultural (6%) sec tors. save for a rebound in ?shing, the rest of the agricultural sub-sectors remained fundamentally unchanged from their levels in 2009. The service sectors lead story role is due to hotels and restaurants, ?nancial intermediation, exoteric serve and real estate.
The nation continues to struggle with the macroeconomic challenges of superior in?ation and very low international reserves. The governments ?ve-year Growth and Transformation cast was launched in 2010/11. If it is successful, the prospects for 2011 and 2012 are probable to be as irresponsible as in 2010. The project calls for the agriculture sector to hold up the major source of economic gr! owth. Industrial growth leave behind also be addicted particular attention. The government intends to gain ground industrialisation through increase exports and import substitution. The economy is communicate to grow at an average annual rate of 10% in 2011. The agriculture sector is expected to grow by 8.1% while industry and services are expected to express an average annual growth of 20 and 11% singly during...If you want to get a full essay, order it on our website: BestEssayCheap.com
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