ETHIOPIA has experienced a 30% reduction in the number of people living below the national poverty line and a fourfold increase in GDP per capita between 2003 and 2012.
In an effort to capitalise on this recent success, the ruling EPRDF government has set out an ambitious plan to become a middle-income country by 2025.
Its five-year (2010-2015) Growth & Transformation Plan (GTP), costing US$75bn-$79bn, sets targets for economic growth and poverty reduction. Goals include the building of 16000km of roads and a 2400km rail network; the quadrupling of power generation from 2000MW to 8000MW, coupled with the laying of 132000km of new power distribution lines; and an increase in the number of mobile phone users from 7m to 40m and Internet service subscribers from 200000 to 3,7m.
In an effort to capitalise on this recent success, the ruling EPRDF government has set out an ambitious plan to become a middle-income country by 2025.
Its five-year (2010-2015) Growth & Transformation Plan (GTP), costing US$75bn-$79bn, sets targets for economic growth and poverty reduction. Goals include the building of 16000km of roads and a 2400km rail network; the quadrupling of power generation from 2000MW to 8000MW, coupled with the laying of 132000km of new power distribution lines; and an increase in the number of mobile phone users from 7m to 40m and Internet service subscribers from 200000 to 3,7m.