PM Hailemariam Dessalegn said that Ethiopia will attain double digit economic growth in the current fiscal year.
The minister who talked to the local and foreign media on Monday February 10 said that the country will continue on a path of double digit growth as opposed to the the forecasts that other international organizations have predicted.
“In the past fiscal year the agriculture sector has registered a little bit lower performance that is why last year’s economic growth stood 9.7% but this year agriculture performance has significantly grown more than last year, so our economy will back on its growth track,” he said.
The International Monetary Fund’s (IMF) projection indicated that the country economic growth will stood 6.5%. “Always these financial institutions forecast and our projection is different but we have been experiencing double digit growth for the past decade,” he explained.
In the past few months Ethiopian media has focused on the border region between Ethiopia and Sudan. During the press conference thePM said Ethiopia has no intention of ceding land to Sudan. “We will never sign any new deal or give land to Sudan,” s The Prime Minister argued that this is a political issue.
“This comes up during national election periods such as in 2004 and 2009, it is raised by interest groups.”
He also addressed Ethiopia’s relationship with Egypt.
“We are not concerned if the new Egyptian government includes theAbay issue in its constitution,” he said. “The only thing that we need to focus is fairdistribution of the water,” he added. He said that his government believes in dialogue, “because of this we are open for discussion if it will improve the countries’ general benefit and allow themto work together to fight poverty.”