Ethiopia programme plan 2012

Ethiopia programme plan 2012

28 February 2012

This is Concern Worldwide's 2012 programme plan for Ethiopia. The following is an excerpt from the document, which can be downloaded below.

The political environment of the country has remained relatively consistent and stable. The economic situation is a serious concern. The gross domestic product/GDP is said to be strong, mostly by growth in services (14.5%), followed by industrial (10.2%) and agricultural (6%) sectors. Although GDP growth is strong, macroeconomic management was problematic. This is due to interacting factors.

The global economic crisis has caused a slow bounce back in exports, while imports remained strong which resulted in a trade and balance of payment deficit. This is expected to worsen from minus 6.4% in 2010/11 to minus 11.9% in 2011/12. The national inflation rate over the last 12‐months on average was above 20% which has been climbing up at an alarming rate - from 34.7 percent in May to 39.2 percent in July, significantly affected, of course, by the ongoing drought and the trend is inflation to likely to worsen in 2012 and beyond.

Download a copy of this resource

Ethiopia programme plan 2012

This is Concern Worldwide's 2012 programme plan for Ethiopia. The following is an excerpt from the document, which can be downloaded below.