Addis Ababa, October 19, 2024 (FBC) – Prime Minister Abiy Ahmed has emphasized the importance of fostering a new culture of empowerment within Ethiopia’s public sector. He called on the public sector to enable others to deliver on results by empowering individuals to achieve better outcomes and drive positive change.
The Prime Minister made this statement today at the closing session on the 100-day performance review of the Council of Ministers for the first quarter of 2024/25 fiscal year.
The Prime Minister believes that this approach will lead to improved performance and progress in the country.
“As we conclude the 100-day performance review of the Council of Ministers for the first quarter of 2017, the results show remarkable progress across various sectors,” Prime Minister Abiy said in a post on his social media page.
“However, our growth trajectory indicates that much more work lies ahead. The institutional and civil service reforms we’ve been implementing are supporting our growth efforts,” the premier noted.
Subsequently, he extended his call to the country’s public sector to continue fostering the new culture of empowerment, enabling others to deliver on results.
It is noteworthy that Prime Minister Abiy Ahmed convened the Council of Ministers on Friday (18 October) for a 100-day cabinet performance review, where macroeconomic progress and key parameters were presented. The review highlighted global political and economic trends and their impact on Ethiopia, the positive effects of reforms, and the performance of economic reforms and key projects.
With an economic growth rate of 8.45% projected for the coming year, the reforms’ positive outcomes were identified as inclusive and sustainable economic growth, improved government revenue and investments, a reduction in government debt, enhanced competitiveness of state-owned enterprises, increased foreign exchange gains, a more competitive finance sector, a favourable investment environment, and greater sectoral productivity.
It was indicated that Ethiopia’s economic growth is expected to particularly accelerate in industries such as manufacturing and construction.