date: // code: 78249 // ٬ // // //

Ethiopia’s move to open key economic sectors to spur fast development

The ruling EPRDF coalition, which has held power since 1991, said it had taken the decision because economic reforms were needed to sustain rapid growth and to boost exports.

Ethiopia’s move to open key economic sectors to spur fast development

“Hence … while majority stakes will be held by the State, shares in Ethio-Telecom, Ethiopian Airlines, Ethiopian Power, and the Maritime Transport and Logistics Corporation will be sold to both local and foreign investors,” the EPRDF said in a statement.

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