PM Abiy Stresses Need to Understand Macro-Economic Reform Holistically


ADDIS ABABA — Prime Minister Abiy Ahmed emphasized the importance of understanding Ethiopia’s Macro-Economic Reform Program Policy holistically rather than in isolation.



According to Ethiopian News Agency, who briefed various stakeholders on the reforms this morning, Ethiopia has embarked on a comprehensive implementation of its macroeconomic reform policy to achieve high and stable economic growth, maintain single-digit inflation, and build a globally competitive economic system. “We have thoroughly evaluated what needs to be done to bring about development in Medemer (synergy),” Abiy stated on social media. He stressed that the Macro-Economic Reform Program Policy should be understood holistically rather than in isolation. “Our approach is pro-poor and focused on supporting the most vulnerable,” he underscored.



Abiy added that the success of these reforms depends on all stakeholders collaboratively increasing productivity, exports, and revenue. The Prime Minister also revealed that law enforcement agencies are mandated to take action against malicious traders who artificially manipulate prices.

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