Ethiopia’s economy withstand pressures despite pandemic, conflict in the north: Finance State Minister

Addis Ababa, February 28, 2022 (FBC) – Newly appointed ambassadors of Ethiopia are receving training and explanations about prioritized areas in the political and economic diplomacy sectors.

On the occasion, State Minister of Ministry of Foreign Affairs, Ambassador Redwan Hussein said Ethiopian ambassadors should give due attention to global economic and political dynamics that may determine the building of a strong and resilient economy at home.

The newly appointed ambassadors, in today’s capacity-building training session, have covered issues in conducting Economic Diplomacy in light of the Homegrown Economic reform agenda in Ethiopia.

Present at the session, Eyob Tekalgn (PhD), State Minister of the Ministry of Finance, for his part, said the Homegrown Economic reform was designed to create jobs, ensure investment flows into the country, and lay foundations to build a strong socio-economic structure.

Despite the COVID-19 Pandemic and the conflict in northern Ethiopia, the country’s economy withstood the pressures and registered better results, he said.

The government would continue to take several measures, such as increasing productivity, to spur economic growth, he added.