Addis Ababa – HornCurrent News, October 23, 2025 —
Ethiopia has demonstrated remarkable economic strength and growth speed despite global economic challenges, according to a new 100-day performance report presented to the Council of Ministers.
The report reviewed the first-quarter macroeconomic performance, growth indicators, and overall progress, highlighting that the Ethiopian economy continues to defy global slowdowns with unique resilience and sustained momentum.
According to the findings, Ethiopia’s GDP grew by 9.2% in the 2017 Ethiopian fiscal year, maintaining a strong trajectory. Projections for the 2018 fiscal year suggest an even faster growth rate of 10.2%, driven by ongoing development programs and a surge in new investments.
Flagship projects such as the Grand Ethiopian Renaissance Dam (GERD), agricultural modernization efforts, and natural gas development initiatives are expected to further accelerate the nation’s economic transformation.
The report also noted a foreign trade performance of 2.5 billion USD, surpassing both the plan and the performance of the same period last year, signaling improving export competitiveness.
Overall, the government report described Ethiopia’s performance as “a solid step toward structural economic transformation and inclusive, sustainable growth.”
Ethiopia’s ongoing reforms, infrastructure expansion, and industrial development are reaffirmed as key drivers positioning the country toward middle-income status in the coming years.
#HornCurrent | #EthiopiaEconomy | #GrowthStory | #GERD | #DevelopmentUpdate
