Ethiopia projects 10.1pc economic growth in 2026/27 fiscal year

Ethiopian Finance Minister Ahmed Shide made the remarks while presenting a record government budget of over 2.33 trillion Ethiopian birr (about 14.84 billion U.S. dollars) to the House of Peoples' Representatives, the lower chamber of the country's parliament. Kenya breaking news..

✨ Key Highlights

The Ethiopian government is projecting a strong economic growth of 10.1 percent for the 2026/2027 fiscal year. This announcement was made by Finance Minister Ahmed Shide alongside a record budget proposal.

Projected economic growth: 10.1 percent
Key figure: Finance Minister Ahmed Shide
Notable detail: Growth attributed to strong performance in exports, foreign direct investment, and agricultural productivity, with the industry sector expected to lead at 12.6 percent.