Ethiopia Poised to Become Middle Income Country By 2025 - WB

Ethiopia has witnessed rapid economic growth, with real gross domestic product (GDP) growth averaging 10.9 per cent between 2004 and 2014, which is lifting the country from being the second poorest in the world in 2000 to becoming a middle income country by 2025, if it continues its current growth trajectory, World Bank Report said.

The report launched November 23, 2015, noted that fueled by substantial public infrastructure investment and a conducive external environment, the country's growth has been stable, rapid and it has managed to decrease poverty substantially from 44 per cent in 2000 to 30 per cent in 2011.

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