Ethiopia’s 10-year dev’t plan aims to promote structural transformation, boost productivity: Amb Tesfaye

Addis Ababa, July 17, 2024 (FBC) – The United Nations Industrial Development Organization (UNIDO) presented its Industrial Development Report (IDR) 2024 at the High-level Political Forum (HLPF) on sustainable development in New York. The side event was co-organized with the Permanent Missions of Ethiopia and Austria to the United Nations in New York, serving as co-chairs of the Group of Friends of Inclusive and Sustainable Industrial Development.

The IDR24, titled “Turning Challenges into Sustainable Solutions: The New Era of Industrial Policy”, emphasizes the critical role of industry in driving economic growth, innovation and job creation, and in advancing the Sustainable Development Goals (SDGs).

Tesfaye Yilma Sabo, Ambassador Extraordinary and Plenipotentiary Permanent Representative of Ethiopia, stated that the IDR24’s key messages closely align with Ethiopia’s 10-year development plan, which is synchronized with the SDGs.

The plan aims to promote structural transformation, boost productivity, and create jobs by building a resilient and diversified economy with a robust manufacturing base, Ambassador Tesfaye pointed out.