nazret.com

MELES THE GREAT!!!

wey bragging!!!!!!! silu semta doro tanqa motech new yemlew ayere sew.

Good News, hope to see more progress.

Most important is GDP per capita!!!!!

The GDP grew from $6Bil to $34 Bil. That is over five fold since the EPRDF took power. According the Economist and other economic institutes Ethiopia's economic growth is spectacular. But not for the illiterate diaspora politicians. Now we have surpassed Kenya and it will bring them a double digit sorrow. When we surpass Egypt they will commit suicide for sure.

[Surpassing Egypt will surely be a huge success considering that both countries have similar population size, but Egypt still has an economy more than 5 times that of Ethiopia. ]

hula hoops....meles like playing that

"silu semta doro tanqa motech new yemlew ayere sew."

to start with, you are not some one with a country of your own. If you had one you wouldn't be here sticking your dirty negative nose in somebody else business. secondly, what is wrong with Nazret an ethiopian site updating Ethiopians with positives changes about their country? Needless to say who you are, but regardless of who you may be, there is nothing a cockroach like you can do to stop Ethiopia from moving forward. but I presume you are the usual suspect from Merb melash with a long tradition of wishing Ethiopia ill and I have to remind you that, wishing ill to others is not the way to Singapore. if anything, it is a continuation of the many miscalculation you guys have made through out your history, but you don't seem to see where it's taking you cos you are blinded by hatred. keep wet-dreaming

Hi Nazretochi, Please go to some school around to learn Economics 101.

what can i say? wow.

Moderator
"but Egypt still has an economy more than 5 times that of Ethiopia".

yeh, but the whole point of this news is meant to update us with positive development which means Egypt's economy may be 5 folds now but was perhaps 10 folds ten years or so a go. So what is the point of spoiling it by comparing the incomparable ? what is that we don't have that Egypt has to make it past Egypt given the current rate of growth continues. we just need to stay focused and have the right attitude towards achieving the goals. that's all. thanks for the update any way, you are not all bad

Wow what a great news. Thank you the Ethiopian leadership, spearheaded by Meles the witty.

titi, your knowledge is little and dangerous. Do not you know that GDP per capita grows as GDP increases? Please do some Introduction to Economics courses. You are far behind.

good news where is abebe belew or mirichaw sinishaw can you admit this surprise news.

that's good we getting better I am proud to be Ethiopian.

Hey- It is all happened because of good investment policy, Let's contribute what we can , simple way to start is to send home much needed foreign currency to our family . God bless Ethiopia

titi [Visitor]
Most important is GDP per capita!!!!!

No, not necessarily, May be in regards to poverty eradication, yes, but there other equally important things such as National security that needs as much GDP(purchasing power) as possible. it's just a matter of setting your priority based on circumstances. Now ethiopia's priority is to fight poverty which is why this development is a result of the relative peace we have been enjoying for the last few years. but unfortunately, peace is not some thing you can have cos you want to, as long as there are some who have nothing better than war to do.

This is a good news for Ethiopians. Congratulations & Thanks for all hard working people of Ethiopia and our Government as well.

wow what a great news.every body should be happy to hear such a great news.

My surpriseis, most of Africa countries are getting a huge amount of assistance from the US and europian economic countries. There annual badget is not comng entirelly from internal capacity. Example Ethiopian assistance from EU and US increased in a much more fold since TPLF comes to power and at the same time Eygyt are getting an enormous financial assistance from the US. So I think we ar exagerating things in here. I don't mean there is no development but the development comes only through assistance and any body can do it. Any body even if an illiterateone will triplicate its budget if soft money comes. You can build hospitals, roads telecomes if there is some left overs from corruption. So no surprise ecause I know how much money we are getting from Westerners. I would be much happy if the progress was due to intenal innovation and through the hard work of my government.

Hey- It is all happened because of good investment policy, Let's contribute what we can , simple way to start is to send home much needed foreign currency to our family . God bless Ethiopia

HeeeeeeHawwwwwwww, that's Woyane leadership for you - you anti-democratic, anti-development Diaspora Haters! What the H*** are you going to say now! Unfortunately for you Haters, TRUTH is STUBBORN HeeeeeeeeeHawwwwwww

ኢትዮጵያ ለዘላለም ትኑር

The magazine has criticized the government that few people benefit from the economic growth. Who are they?????? and why?????? this is the main difference with those of you who support the government.Unless it is fair we Ethiopians can not recognize this as our development.it is for you, WOYANES

What matters is the distibution not the accumulation of money at national level. Which part of our economy is growing? Agriculture(we are starving), industry(we are importing huge), service(only EAL). In terms of rads, buildings and hydropower we are really in a good direction but they are only important factors for economic activities (productio and distripution). They can't be used as an indication of creating the necessary condition for economic growth. LETS TALK ABOUT ACTUAL PRODUCTION, MANUFCTURING AND SERVICING AND DISTRIBUTION OF WEALTH!!

Ethiopians are the only people I know upset to hear economic growth in their own country.

You would rather see your own people starving, than acknowledge anything good was done by others not from your ethnic team.

Nazret,

Thanks for this post . That's why we like you Nazret. Unlike many Diaspora publishers, you are objective - you don't disseminate only bad news. You post the good as well the bad.

Thanks

ኢትዮጵያ ለዘላለም ትኑር

the majority are destitute and poor, this can't be a cause for celebration when there are over 100k poor waiting to be fed in Mekele and other feeding centers. We will celebrate when all will have food to eat.

ethiopia's positive devlopment is a bitter reality for nazert.com must swallow. this you can tell from its introduction inserted about this video

Good job pm Meles! lets rethink about how to fairly distribute the income which few EPRDF members are enjoying! lets be willing to learn from the previous mistakes so that we create social harmony for this great nation!

Yes i think GDP per capita is most important Kenya has 1600 while Ethiopia is at 900

Also i think Kenya had some violence early last year or the year before due to the big election trouble, so i guess you can say that hit them hard too because of destroyed production and loss of investment.

Brainless cheerleaders, and you can not answer why Ethiopia just begged for 5.2 million people to be fed ?

With all our potential, no doubt that we will be an African Tiger if we cooperate and create social harmony. This is the only and best option for every Ethiopian and all political parties.

Nazret.Com folks,

I'm starting to love you guys these days since your reporting and analysis is beginning to seem more and more fair and balanced these days. Keep up the good work!

Ethiopia will rise it's hand towards God Amen

"silu semta doro tanqa motech"

Who can respond to this news by using this teret? It could only be the good old AHIYYA. Winettim AHIYYA !

GDP grew becuase the slave masters who once owned kenya are annoyed by Kenyans moved their water sucking machine to Ethiopia after they destroy Kenya
A few weyane masters will see their bank account grow and Ethiopians will be displaced and work as slaves

Ethiopia will not see democracy like kenya for the coming 100 years. It only gets more corrupted!

what is this? we know that election is down in the corner! do not increase the temprature without substance. we know that govenments can pridict the unpredictable. I heard it and been there. During socialist time, we were told that communism is beyound that maountain, was coming but we never seen it and what instaed we saw was corruption nepotism and dictaorship. Then it collapsed; now the new one is repaeting itself.

Just do not yourself of excitment; it is empty!People are dying of hanger and their land being looted.

Peace

Nazret

I love your choice of picture to go with this news. you are positively awesome, thanks

Mr.Bond,

The Government of Ethiopia should hunt down the corrupt officials every where, who are greedily and angrily taking bribes like a hungry hyena from every one. Wining bids is through bribes; and you see less quality products in the market, and permissions are given to unqualified persons who are spoiling every thing.
Only quality changes a country; and this can be made possible and maintained through strict measures, standards and honesty. Corruption is making few people millionaires in a very short time; but at the same time this can force many people to sink deep down to the bottom of poverty. This is a natural law; when you see few growing fast in a very short time that means many others may be going down the hell at the same speed. It is true, now days in Ethiopia the economy is growing, but might only be benefiting the few thief millionaires and corrupt officials. Professionalism is also very important; and is needed every where to change the country.

And the benefit goes as usual to the upper MALELIT + their HODDAMS and FRIFARI LEQAMIWOCH all over the world, or are the 5 million ethiopians suffering in Ethiopia under hunger also going to get some thing to eat ?

By the way is the "election" in Ethiopia coming nearer and nearer ?

Despite the success, the pundits will continue discredit the people and government of Ethiopia. Most of us can agree that Ethiopia still is poor country, however, when and if businesses continue to roll to/in Ethiopia it will benefit many poor Ethiopians who can find jobs to feed themselves and their families. The good deed by the people/government of Ethiopia will go without notices.

To see the GDP growth up from around $6-billion during the DERG era and in less than 20-yrs, up to $33-billion says it all. The 10% or higher economy growth Ethiopia has had in the past few years is not a magic rather hard work and good governance. When there is good governance, almost everyone benefits from it in society and that is what the world is witnessing in Ethiopia today!
That is fact!!!
Z-Mike

Ethiopia is richer in natural resources than Kenya, which would explain why Ethiopia along with its hard workers has the potential to be the strongest economy in Africa. In regards to all those billion dollar figures quoted above, they mean very little for the majority of Ethiopians whom if they are able to find work, would more than likely be earning below the poverty threshold. Ethiopians have suffered immensely during the past 35 years of secession, whilst the minority who follow alien interests, are greedy of excess and luxurious consumption. The current regime of oppressive ethnic federalism continues to use force to deny Ethiopians their right to 1 gasha of freehold land given to every family by the Emperor. The regime continues to beg for food and withhold it from their citizens, unless given a financial reward or recognition from certain individuals whom claim an oppressive regime serves their interests. Gashas of fertile lands are given to outsiders, whom exploit Ethiopian labour for their own selfish ends.
There are some who claim the report above is the result of the oppressive regime, but just like the computer images of all those skyscrapers which are never built, they are chasing phantoms and illusions.
"The partner who places his own short-range ambitions ahead of the long-range interests of the partnership has embarked on a course which will ultimately result in the dissolution of the partnership itself...." Negus Haile Selassie, Father of African Unity!, Defender of Faith, Long Live the Constitutional Monarchy!, Long Live Independent Ethiopia!

I just can't wait to see the reaction of the hard line morons. What would they say now? What would be their BS lies after they read this good news. People in DC, please wake up, stop your moronhood and join the celebration. Driving a cab and disiminating your poisonous lies through your stinky and big mouth (not sure if you ever brush yor teeth)does not help the people that you so arrogantly and hypocriticaly claim to help. All you have to do is, join this historical journey, accept the constitution, swallow your pride and accept the leadership of Meles, whith out whose vision we would not have witnessed all this.

Dear our beloved leader,saver of Ethiopia,father of Africa, mother of all brains Ato Melese WE LOVE YOU.

The number one code of Hammurabi of ancient Persia, the first state mandated and written law in the whole world: It goes like this
1. IF A SEINIOR ACCUSED ANOTHER SEINIOR AND BROUGHT A CHARGE OF MURDER AGAINST HIM, BUT HAS NOT PROVED IT,,,, THE ACCUSER SHALL BE PUT TO DEATH HIS ACCUSAR SHALL BE PUT TO DEATH.
This is indeed ZENAWE: It signifies We knew it all alone, WE SPOKE THE and it set us free, The TRUTH, THE WHOLE TRUTH WHEN WE BRAGGED, THANKS TO eprdf AND ITS CAPABLE LEADER mElEs ZeNa-We AND WE ARE PROVEN RIGHT FINALLY. GDP growth of almost SIX fold and is the fifth fastest growing economy and there is hope Ethiopia could reach a state of mass consumption sooner than expected. since the EPRDF came to power just a touch of miracle and
....I REST MY CASE...

what a myth.... can you feed your 7.5 million ethiopian plzzzzzzzzzzzz and stop ranting about economic growth

Comment by nazret.com Admin "[Surpassing Egypt will surely be a huge success considering that both countries have similar population size, but Egypt still has an economy more than 5 times that of Ethiopia"

Mr. Administrator, Please post comments/response more often. We love to hear from you. It will not be hard to surpass Egypt but it will take a long time. Ethiopia is in the right path but we need to invest much more in education - Gov't and especially the private sector needs to create serious jobs that can help increase the middle class in our country. The major advantages for Egypt is their proximity to Europe, Middle-east, the Mediterranean ocean and Red sea. They are perfectly situated to move goods into two large markets. They have also a well develop tourist industry that generates billions into the country economy. In addition, they are the 2nd largest foreign aid recipients from the US and they also get bigger funding and loan from EU. Even though, we hear too much about aid to Ethiopia in the news. Ethiopia receives far less (fraction of Egypt) in AID than many other countries, when we look at it per-capital.
Hopefully, we will be able to see our people and country grow to be prosperous and strong in our life time. We shall stop wishing the failure of our country and we need to work in solidarity to help her move forward. Many in the the diaspora community acting badly nowadays. It's time to look at ourselves from inside.

Yes we can! Have a great weekend all to all my habesha brothers and sisters!

You beleive it or not the Tehadiso is real.

ELELELLLLLLLLLL ESEY ESEY ELLLLLLLLLLLLLLLLLLLLLLL
MELA MELA MELA ANBESAW
LESERA ENGI LEWERA GIZA
YELEW !!!!

We are surging ahead. Thank you EPRDF

you know what fellow Ethiopian's postive and tangible criticism is always important for more development but blind hater helps no body except to our enemies,i would say it is time to give a hand to our gevernment, i don't mind whether the current government is from tigray,amhara,oromo---, the main thing is bringing development to our country and people,if we continue with this pace five years from now we will be the biggest economy in africa. God bless Ethiopia.

YEREGEB AMORA YEREGEB AMORA
MANEYEWEDADERAL KEMELEYE GARA!!

This is one of the greatest news i heard in a little while. Its great to see mother Ethiopia becoming what she should've been and much much much more a long time ago. But better late than never, great work on behalf of Meles' government EPDRF. I wish them all the success and prosperity. Now that we've passed Kenya... Egypt is next. Those water sucking leeches!!! The time will come when they no longer prosper the most out of our precious waters while our gorgeous nation and people is thirsty.

May God continue to bless the independent and gorgeous land and people of Ethiopia!!

Ethiopia above any soul!!

Yes, the only problem with Ethiopia was to get a government that wants to work and help the people succeed – Now Thanks to EPDRF and the positive hard working people we started the success road.

I think if this illiterate Diasporas get some kind of education where ever they live, I am sure we can even pass Egypt, Nigeria and South Africa and become number one in Africa.

We can continue this successful road or we can start another civil war to take down EPDRF, kill more people… and start over.

If you ask me, I would say let’s leave the politics and work even harder to be more successful. Until we find a leader like Meles or better we shouldn’t try to change government – So for now dear illiterate Diasporas, please go to school. Don’t spent too much time on Nazret site saying nonsense things just for the sake of being negative.

meles le zelalem megezat allebet. diaspora tollo wede agerek. amerika shent beten parking kemetabarer. ega yegebanewe men yahel lewet endagegen enawekalen..

The first time in many years, we are reading many good news about our country. Go Ethiopia!

"Lam algen be semaye wetetounem alaye" Its all shows the gap between the Alamud's and the rest of us.Ethiopia is still one of the poorest country economically and politically.

This is only the beginning. Ethiopia is indisputably the powerhouse of the horn, economically, politically and militarily. She is rightfully the center of things in the HOA. Those who tried to dispute this, should better realize this fact and arrange their house accordingly.
With less corruption, an economy that is free from strangulation by the ethnocentric conglomerate EFFORT, Ethiopia’s economy could have grown even much more.

Africans are seeing just the tip of the iceberg. With a democratic government in office in the future, Ethiopia’s potentials will be revealed with time. Ethiopia is among the few countries that have not yet opened their treasure box. While most African countries have their wealth already looted, Ethiopia’s treasures remain untapped.

Despite the economic progress why Ethiopians don't benefit from this ? If this economic progress does't benefit Ethiopians, its't Ethiopian economy at all.The majority of Ethiopians can generate income to meet their basic needs, the more they generate an income tomorrow's luxury becomes necessity for them, this only happens when democratic governance & democratic capitalism nourished in Ethiopia, until then let's see alien economy TPLF & alamodi's economy kick'n.

what a great news, thank you nazret, if we continue in this trajectory we will be able to buy food and feed our people, if I am not mistaken the amount of money we need to feed the hungery at current population level is $200-300 milion, its doable and might even be cheaper buying specially with all this new farms opening up, Ethiopian renaissance is truly in the making and no one is going to stop us, the spark is ignited!

Very good news!!! Keep it up!!! The highly commendable progress reported makes Ethiopians feel proud. The impressive growth has been observed widening the gap between the poor and rich, which is quite obvious. What about making the progress to be all inclusive and pro-poor through strong SOCIAL PROTECTION COMPONENT so that the most vulnerable could also benefit out of it???

About time. But comparing Ethio land mass and population with Kenya's we're still far behind.

When there is no war and there is no world divided into two camps, this isn't much of an achievement. Meqes Seyxanawi still needs to resign or be forced out of office by violence .

another empty propaganda! kenya's population is 25 milion and ethiopia with close t0 75 million. Comparing GDP per person, Kenya is a more developed country. Even sudan is with more GDP and GDP per person.
Dont forget 50% of the GDP is direct result of Diaspora dollar and AId money coming to the country. It hs nothing to do with Mellese or woyanie. Infact they stole some of it.

Wee Diasporawch, Gura bicha nacu iko?? This doesn't inculded Diasporawchin!!! We Ethiopians who live in Ethiopia don't expect to see change from Diasporawch iko!! Yes We Can With Out Diasporas!!!

thanks nazret.com for posting balanced report about ethiopia unlike the other so called Diaspora website

it is good but we need more

The skycrapper shown here has yet to be built. Why start a report with something that does not exist on the ground yet? That alone tells you a lot about the credibility of the statistics and reports that come out from Ethiopia nowadays.

This is very stupid comparison for two reasons.The population of Ethiopia is 82million and per capia income is only 90usd for Ethiopia.Maybe another propaganda from Fana radio.
Still we are one of the poorest nations on this planet after 18 years of tplf rule.Have you noticed the magnitude of poverty in Addis? It is much worse than the Mengistu era.

we need 2 work hard our leaders are hodamoch

It is paradox. The GDP is growing and at the same time income inequality is increasing. Every year there are millions of people who will be victims of drought and hunger. I do not know if I have to appreciate this kind of economic growth!

titi [Visitor]
At least give credit where credit is due.
GDP or GDP per Capita we are heading at the right direction. Eventually,if we continue on this track we will attain a GDP per capita better than Kenya. Then you will complain why we have not matched switzerland's.

halleluiah! yes ethiopia sure is the land of tomorrow, i am certainly voting for eprdf 2010.

yes, indeed welcome to the beautiful Ethiopia. wonderful. you did it Ethiopia. eventually Ethiopia will up on top. i love you Ethiopia.

great news

Good job Woyane, keep it up untill we surpass not only Africa but those western Europeans. They don't have anything special that we don't have. You have my vote guys.

This is the a great success and it is a wonderful thing by woyanne.
I hope the parity will do more to extend the growth.
Diaspora people u talk as if u know our country but u do not know it because it is contrary to what u speak and u want to hear. There is a large growth in every sector.
Woyanne, there are lots of things to be done and u should not be stoped by this. Had the party started the development policy some years ago our country would have been rich but still there is time.

Thanks to our masters from Adwa Tigray. If it wasn't for them the number of people who needed emergeny food aid would have been 5.21 million instead of 5.2 million. if they stay on power for the next hundred years, we might get down the number to just 5 million. horray!!! let them play liwach liwach on us since we don't bread men with balls anymore.

Way to go! Ethiopia....some Ethiopian they hate to see this success that is why they waste their energy by giving negative comment. No mater what all ways they have some negative thing to say, shame this not politic this is clearly jealous! I never seen or heard Ethiopian progress since Menelik. Progress means when you build infrastructure (transportation like rod and bridge, electric, communication, ) so please use your energy for good cause. After all most of us abandoned the country and live our life out side the country but we are the one criticizing every thing. The poor Ethiopian the one suffered now it is time for them to enjoy benefit. For us we live here if we cant say good don’t say it at all. Late the country grow. Using our past history it don’t help us for the future (it help only tourism) My brother and sister love and Peace. Specially my poor Ethiopians in Ethiopia stay tough keep working hard. God bless you all.

thank you god . i thought i was going to die before i see the improvement of my country .i always read more good news than bad about ethiopia and all thous news were make me happy but today isspashial THE BIGEST ECONOMY IN EAST AFRICA .

Great !

Viva Ethiopia!
VIVA EPRDF!

Good news. The future is bright. Down to haters like Al-mariam.
Peace to Ethiopian people!!!!!!!!!!

Wonderful achievement. Yes per capita income is very important but that will only be taken care of if we manage to reduce our population growth rate. Another important thing is wealth distribution. It has to be fair for everybody. I do not want to see the rich getting richer and richer, and the poor getting poorer and poorer. I want to see the rich getting richer and the poor also getting richer.

The best is yet to come,though i still have my doubt about the cheap land graping by foreign investors.I hope the govt will do some thing about this.Anyway,this is a great achievement.with this pace we will accomplish more.

I don't belive this may be the survey should done again.

This is propaganda still beging food and saleing our land and put us in big det for next genration which is we cant aford to pey back.By that time tegry will be new country like Eritrea!Meles is saleing the holl Africa.As an african we dont need to give him time for the nex few minit.I am sorry to say that.

Is she joking When she said the other success is Ethiopia's telecomunication(@2:56),It is the worst in Africa even the stateless Somaila is in much better form than Ethio's tele and the internet is a nightmare. I don't know if the development they talking about is the one by the individuals who culmunated in the capital and Tigray.But the majority of the population are suffering in poverty and abusive greedy government who are selling and leasing the land for nothing .

The sleeping giant has been awakened from its deep sleep mired with nightmares of hunger and poverty. As foretold by PM Meles Zenawi on his millennium speech, he said the end of this millennium will be recorded in history as the beginning of a new chapter in Ethiopian history. An era future generations will call the "ERA OF ETHIOPIAN RENAISSANCE." It is true. The growth of our economy 6 fold in a short period of time is a monumental achievement and a glimpse of the bright future for our nation. If we keep this path of growth, we will reclaim the splendor and glory of our forefather we have been to accustomed to hearing in history books. But to those who say: there is no growth, there is no productivity, there is no bright future for the country. All we can say is: ignorance is a bliss and let them delight in it.

Long live ethiopia and her beautiful peoples!

It is nice to report bith the good and bad news about our country. there is some some development, but it ias not as beind said by Woyane. the most imortant thing is that Woyane has to give the right of the Ethiipians to elect their leaders freely. the other thing is that 80% of the wealth is accumulated in the hands of Woyane and their supporters, no fair distribution and copetition in the country. otherwise i appreciate the reporting of Nazret.com.

Egypt receives billions of dollars worth of grant from UNCLE SAM. Plus it has considerably higher number of diaspora community sending large amount of remittance. The Ethio diaspora on the other hand would rather see Ethiopia burn to the ground than contribute in a meaningful way to speed up development back home.

Prediction:

Meles Zenawi's picture will be on the cover of Time magazine and will be called as a miracle maker in the by 2012 gaive or take a couple of years.

Anybody wants to bet with me ...ur very welcome...

Love him or hate him,he is pretty much solely responsible for this and so much more)

China has passed Japan, Germany, UK, France, to become the second largest economy in the world, in five years will pass US, But China is still third world country, no human right or democracy. the video above shows woyanne propaganda, the truth is Ethio is long way behind Kenya in telecommunication, infrastructure, tourism, etc.

Come on Ppl don't be haters, stop hating each other. For sure if we all loved each other and work together we could be doing much better that this..! Lets just be thank for for what is is now, bc we been through worse than this..!

Its a good thing at face value.I believe it could have been more because ethiopian people r hard working people and we deserve more.The credit doesnt go for Meles but the benifit does.All the benifit is going to TPLF and the puppet EPRDF memebers not for the poor ethiopian masses.

YES WE CAN, ETHIOPIA!

Dear Moderator: I thought you are neutral. How could you be so skeptical and sarcastic on this imp. issue. Why don't you let the flow go?

Incidentally, the biggest drawback among many Ethiopians including in the Diaspora is to acceopt good news for Ethiopia. It seems we are born only for negative news and feelings. Remember, Ethiopia had been almost in dark ages for over 20 years at a minimum (during the Derg era!). EPRDF may have made mistakes in the early phases of its rule, but learned from its mistakes much faster than the so called opposition groups.

Our country in the last 5 years is going truly into transformations (especially on the economic front). That is good news! We need to see the positive side and accept the results. However, we need to build and improve, because our country has a great potential. There is no need it should be poor. Many countries in the world have grown fast (w/o oil or mineral resources). In fact our country has rich resources (primarily its people) to grow and put poverty behind her once and for all.

But, we need to work together and most of all build positive thinking. Hope, aspirations and change come with positive thinking and internal spirit and conviction to say "Yes we can"! Yes, Ethiopia can become a rich country, even in our life time.

I believe with all their weaknesses and mistakes, EPRDF leaders also deserve the credit for bringing that light of hope and confidence in our country, which around 20 years ago, many believed it is hopeless!

It is gratifying to see the Economist have good faith and write good story about Ethiopia!

"Yes we can"! let's unite and build our country!

B.

WHEN WE GET BACK OUR PROVINCE(errytrea) ane WHEN WE USE OUR OWN LAND NATURAL RESOURCE (BLUE-NILE), WE WILL BE #1 IN AFRICA AND THE BEST CHALLENGER IN THE WORLD.

I have always known God is good!! and he has again shown his love to poor Ethiopians who have always had trust in him.
YAA Jesus u have shown me my country not less than any one in east Africa
and i am optimistic u will show my grand sons my mother land is no less than any one in the planet.....
HALELUYAAAAAAAAAAAAAAAAAAAAAAAAA.

Egziyabhere..betam temesgen agerachenin selasebkat ahunim iske zelallem Ethiopian aseb. Amen.ELELELEL...

tis like a speed boat running, we can catch up any time..

Gobezoch,

Erre belu. The reason for this so growth may due to dabet relief and cancillation since year 2000. If there was no looting of public money (fund) by the criminals, all of our people regardless of regions and ethnicity would have had three meals and still we would have grown by 20% or so. when talking of growth please give account of this and give thanks to those who forgave Ethiopian debets. reality wins.

cheers

the economy growing by 500% over the last 20 years should be seen as a tremendous and a welcoming achievement by any self respecting ethiopian despite his/her feelings toward the government. besides the growth what many have to pay attention is the infrastracture specially the road network and power as well as schools grew by many folds over the last 20 years and they are going to positively contribute to the ethiopia economy in the future. but what is lacking here is that the fact the relative peace and stability the country enjoying is not sustainable and every thing the country worked on could go in smoke. so while it is essential to concentrate on development the government should also practice democracy and rule of law by giving the legal opposition the space they need.

Unless you want to be blind or illiterate you can’t ignore the above statement those few beneficiary they are going to slave you the rest of your life. Which is WOYANE TIGRAY and their puppets.

The magazine has criticized the government that few people benefit from the economic growth. Despite the economic growth, Ethiopia still remains to be one of the poorest countries in the world based on GDP per capita and just this week Ethiopian government appealed for aid to feed 5.2 million people.

Yes, the only problem with Ethiopia was to get a government that wants to work and help the people succeed – Now Thanks to EPDRF and the positive hard working people we started the success road.

I think if this illiterate Diasporas get some kind of education where ever they live, I am sure we can even pass Egypt, Nigeria and South Africa and become number one in Africa.

We can continue this successful road or we can start another civil war to take down EPDRF, kill more people… and start over.

If you ask me, I would say let’s leave the politics and work even harder to be more successful. Until we find a leader like Meles or better we shouldn’t try to change government – So for now dear illiterate Diasporas, please go to school. Don’t spent too much time on Nazret site saying nonsense things just for the sake of being negative.

Though it seems bit over the top, it refreshing news and positive direction. As Some already mentioned we have to consider population growth and ratios. Also, one has has to look beyond GDP or GNP, which cannot measure the real growth and quality of life. It is better to use PPI or Purchasing Power Index, which relates the true value of the birr for native consumers. Also, one has to consider other developmental measuribng techniques such as the one UN calls Human Development Index like education, poverty rate, infant mortality,public health status and so forth. The stalking and the on going conflict/violence issues and debt burde on the future generations is also anothe thing.t

By the way, I like the skycrapper design and ans its vision. And its name,HUDA, too. It reminds the name of my pretty old flame Huda Said of Adare-somali girl. I think Melez is is trying provoke some racist habesha folks, like Imperial guard, Gettu et. al. I can't wait to see it when it finished.

[Ali, the UN Human Development Index (HDI) is indeed a good way to measure country's development as it captures GDP per capita (PPP), life expectancy at birth, adult literacy rate and Combined gross enrollment ratio. We have made it abundantly clear that Ethiopia's GDP per capita is nothing to write home about, but most definitely improving. ]

If Ethiopia is idle for investors export processed goods, where is the posrt????

Ethiopia is below Kenya in both IMF and World Bank list. How is it credible to base one's conclusion only CIA list? At very list, Nazret should have compared the three lists and should any improvement over years. Only desperate woyane cadre can do otherwise. Nazret is increasingly allinig itself with woyane just like 'Kidetu' and other used to be secret agents. Good luck

Nice news to hear, I hope this benefit the poor people there.

It reminds me those "millionaire" farmers.What a joke?

Senait,

Maybe if the governemnt gets off people's back, there will not be citizens who plot to overthrow the government.

Pleasant news indeed !
Empty politics aside, this positive achievement should be celebrated by anyone who takes the interest of Ethiopia to heart.
Result talks louder than frivilous arguements. One will always lose fighting with success.
I hope the pessimists "think" 10 time before touching the keyboard.

GOD BLESS ETHIOPIA MORE AND MORE

Pleasant news indeed !
Empty politics aside, this positive achievement should be celebrated by anyone who takes the interest of Ethiopia to heart.
Result talks louder than frivilous arguements. One will always lose fighting with success.
I hope the pessimists "think" 10 time before touching the keyboard.

The Nazret.com editorial
board seems to have been carried away with sentionalism. The headline itself is confusing. Ethiopia we have been told surpassed Kenya to be the biggest East African economy. But I read Sudan is ahead of Ethiopia in the 20 countries listed above. Is Sudan no longer in East Africa? Well, good to know. The Economist we are being told stated Ethiopia will be the fifth fastest growing economy in the world. I have a hard time believing this fairy-tale, but even that is true it is not suprising because the country starts from zero. When a country starts from zero the potential to grow is more likely than a country which already has grown. So the Economist while it is in the business of measuring the fastest growing economies to come, it would be enlightening to tell the starting point of those growing economies. By the way Nazret.com should have informed its readers Sudan and Kenya's population is almost 1/4th of Ethiopia. Both countries polpulation is around 20 million.If 80 million Ethiopians economy is less than that of Sudan, even if that is true that we surpassed Kenya by a few points, it is not being anti-EPDRF to say Ethiopia has by far much more distituets than those two countries have. I hope that will change, but with the current political leaders I doubt it will.

[Sam, in some reports, Sudan is considered part of East Africa and in some not. We have used the East Africa region to include countries shown in dark green in the following wiki page.

Ethiopia, Eritrea (renegade province), Djibouti, Somalia, Kenya, Uganda, Tanzania, Mozambique, Madagascar. Mauritius, Rwanda, Burundi and Malawi]

Imagine if we could all get along and work for the betterment of our country!
We would bypass most of the countries ahead of us within five years. I just hope and pray that we all get wiser and realize our potential!
GOd help us!

Our aim is to be the next real SINGAPUR, NOT SINGAPOOR.

Just false rank,,

Am really surprised why gangsters are deceiving and barking by forged rank,,,it is better not to comment here

MESSAGE TO BOND:

You are more than correct. All the STUPID, ENVIOUS diaspora does not want to hear good news about ETHIOPIAN economy, because they feel left out like a step child. They should learn to draw lines between their disgust for EPRDF and what ever good news that comes to mama Ethiopia.

Stop Bulling!!! I know that you are a PSYCHOPATHIC.

Every time when NAZRET.COM posts a TOPIC TO DISCUSS, I SEEN ONLY FEW PEOPLE'S COMMENT THAT STICKS WITH THE TOPIC, WHEATHER THEY AGREE OR DISAGRE.

BUT, MOST OF THE PEOPLE ARE SHOWING THEIR FOOLISH ATTITUDES BY CRITICIZING NAZRET.COM AND BY INSULTING AND BULLING OTHER COMMENTATORS WHO ARE ENTITLE TO GIVE THEIR OWN COMMENTS.

PLEASE, FROM NOW MAKE SURE THAT NAZRET.COM (WEB-SITE OWNER), COULD CHOOSE AND POST ANY TOPIC THEY WANT. AND ALSO, THE COMMENTATORS HAVE THEIR CHOICE TO SHARE THEIR VIEW AND OPINION.

PLEASE, STICK WITH THE TOPIC!!!

yo these haters won,t stop at anything.

I wish what has been in this propaganda is true. But where is the beef ???

If there is real development the average person can answer affimatively when asked are you better of today than yesterday ? But unfortunatety the answer is resounding NO!.

Sorry but as long as dictatorship is the rule of the country the mafia group can prosper the general public still begging for food aid.

MELA MELA MELA ANEBESAW
LESERA ENGI LEWERE GIZA
YELEW !!!

Derese,

If you are math-illiterate, ask for help from somebody else. When you divide 34 billion by 82 million you get a per capita income of $415 not $90.

By the way the PCI of $415 of Ethiopia is much bigger than the $300 for your country, Eritrea.

Just for the record.

Alula

Asmamaw,
Yours is so entertaining and meaningful. I liked your comment.

This is great news for all peace and development loving Ethiopian people. To me the most important term is development. We are in the right path, Ethiopia is growing and advancing while the stupid few vocal Diasporas are crying fowl for everything. The other important point to mention is this list is for both oil and non-oil producing countries. So, if you just consider the biggest "non-oil" producing economies in Africa, Ethiopia is on top. People lets prove all wrong! Ethiopia can feed itself and the rest of the world. We can realize this in few years, if we continue to focus on our economic development. Viva Ethiopia and EPRDF!

PLEASE!! Every time I read Nazret, you keep printing this about the Ethiopian economy, but some how this tringle down economics never seems to make it to the masses of Ethiopian people? Its like "Thanksgiving", without the feasting!!!! Quit the teasing!

It is good that Ethiopia's economy is growing. It is funny to make a big deal about surpassing Kenya's economy. Just remember that Ethiopia's population is almost three time more than Kenya's population. What makes it worse only few people (from one ethnic group) are benefiting the economic growth. I witnessed this during my stay in Ethiopia for seven weeks of my stay. I returned few weeks ago. Despite the government tried to cover up the issue, everybody talks about it behind the curtain. More that the so called economic growth this is a time bomb that one day may greatly damage the country.

thanks for goood and positive news. good news for ethiopian bad news for errrrrrrrrr.

we can do better. Ethiopia is rich when it comes to agriculture and green lash lands. please leaders in Ethiopia don't privatize real estate. invest on your citizen and have entrepreneurs and farmers also endorse competitions. that way we will have equal distributions and we will be less dependent on international organizations for food and financial aids.

Go Meles. For the haters...I know its hard swallow it; but what u gonna do...blame the PM for doing his job?

God Bless Ethiopia.

Congrats to the leadership!! This shows that the current government is committed to development despite several obstacles including the negative diaspora!

Thanks You PM Meles Zenawi!!

for sure all the money will be taken by the woyannes's especially that witch AZEB mesfin, who loves $$$$$$$$$$$, and all the other thief's,,,,,,,all is done for DRAMA.......we will see after ten years

"The magazine has criticized the government that few people benefit from the economic growth."

I like capitalism because it rewards the hard work. Development should not be through exploiting the country's wealth for individual's or into some groups of people benefits. Overall, Ethiopian is develpoing because the world economy has also been developing for the last decade except during the period of financial crisis. It is not a matter of Ethiopia's effort only. I am not discrediting Ethiopia's development. How much debt is Ethiopia incurred? Is the budget balanced? Go Ethiopia. I want to see you in line with others.

It's a great news. We need stop compairing with others just focus on what's head. we intend to fall back when we worry to much. Keep up...

ETHIOPIA GENA TABERALECH YESSSSS Our dream is coming true. It is hard to think this country to compit with Kenya and Egypt starting from scrach.Do you remmember falks when the EPRDF start to govern the country the derg has left them nothing but empty national bank. Let the the hardliners of Ethiopian diasporas cryyyyyand the country be florish. AMEN

WE need to focus people. Its time to look at the light ahead. Sure its a great news but we need them to do what they have been doing. Yes its been dark for a while. we can not dewail on the past!!! That's why its harder for us to over come our ignoranc that has blinded us for a while. Let's just shoot fo the star. It's time for reserection. Time will tell MUCH LOV!!!!

Bond,

Your comment is funny. Your assertion is that countries like Egypt will be in static development while Ethiopia marches on. Even if we take your static dev't idea for Egypt, how many years will you think it takes for Ethiopia to reach the GDP level of Egypt? Do you believe woyanne will there by then? Keep the answer to yourself!!!!

Almariam and useless diaspora go hang yourself. Ethiopia is in the making from scratch by the revolutionary democrats.

I am glad it is happening, but I would not give the beneffit to Meles. This should happpen and the reason is many left running away from the monstor Mengistu so that meance many to come back to settel to build home and business. Many Ethiopian leaders could ccomplish the same or better with not leaving conflict in the future as Meles is doing.
It is good thing Ethiopian dispora is going back as well as others are investing.
One day when the time comes for change it may be a disaster. I hope it does not happen the change will come willingly!

Alert, Alert, Alert!

Due to this great news for the Ehiopian people, Elias Kifle, Professor Alemayehu G. Mariam Alemu, and about 50,000 Ethiopian Diaspora around Washington D.C. are now on suicide watch. It is feared some will drive their taxis over bridge rails. Many others will slice their wrists inside the enumerable restaurant kitchens they toil in, day in and day out. If nearby, please try to console them and dissuade them as much as you can. Thank You.

This has been a public service announcement.

ኢትዮጵያ ለዘላለም ትኑር

What is wrong to see or to hear good news about my mother land, Ethiopia development. Some of U who always wanted the failur of ethiopian government don't U know that it is also the failer of the whole Ethiopians. What kind of politics is it when ethioppia show a great development to launch your negative comment. As I understand you politicians are only power thruusted; you don't love your people. Good job Mr. prime minister it is a result of good governing hard work; the true ethiopians are behind you. I hope in a very short period of time ethiopian's Prime minister will solve agricultural and per capita income problem; when the ethiopian government step by step solve this problem what will you say; I hope God will make me alive until I see all this development.
Good keep blessing you Mr. Prime minister and keep up your great job.

Congratualations !!!! Hail to Ethiopia, our lovely country mother of Africa, Zion of Horn of Africa OK, thanks to our God, the Almighty. He loves Ethiopia indeed, he knows our ancient priests and brave kings. After that, let be loyale to truth of reality, let us forget jealousy of the tribalisim. and envy some of us have toward others. and those of us who their principles of patriotisim is spoiled by evil principles of doctrine which teaches if I am not at Malilikh place I will reject everything. and everything happen which will interperted as a bad. Now, sun rised that everybody can see it. So, let us give credit those who do good job behalf of us. I will never deny that still many of us poor and hungary, still we need food aid but, the way our is going now is clear path of successes. Let support and cooperate with our brave leaders to build our house Ethiopia,and fix our economy. Or if choose the path Somalia travelled, we will facilitate the designs and plans of traditional enemy. they want to see Habasha killing an other Habasha and our children and the kids became refugees and homeless. We say that NOOOOOOOOOOO! To big Satan who is hired by our enemy with long ugly nose who is hiding himself in Philadephia, US. We say this as his cousines good Gurage people said to him. when they found out he wants to burn their shops in Markato, and turn them from businesman to poor refugees. BISMI AAM AFIS QUDUS. God protects always the land of Zion of Africa. God is always with us.

imperial body guard

you are the dumest person i know because a couple black americans and jamaicans make him god it doesnt mean he is a good king he was worst than mengistu the biggest starvation happened while he was celebrating his birthday i am old enough to remember they werent even allowed to come to addis abeba he stoped them with a gun so many of them killed because he doesnt want them to be seen by diplomats in addis he financial mismanagment and he and his famlies greed was what stop us from being african tiger your lack of intelegence tells me you are not his family i know most of them they are intellegent stop bubling the more you write it discloses you dumness do yourself a favour shut up.

Nazret in it's reporting has made a clear distinction between GDP and GDP per capital, yet there are some idiots still arguing with Nazret about Kenya being better than Ethiopia in terms of GDP per capital.
the news is purely to update you to a new development which is "Ethiopia was behind Kenya in both terms but has now surpassed Kenya in terms of GDP". If you are indeed Ethiopians, how difficult is that to understand

It is worth noting that all the top 10 countries, save South Africa, are oil producers. When Ethiopia explores its oil resources, it will just jump to number one or two in Africa. Behold and watch as our history changes! God is visiting our land!

In reply to Mamo kilo,
I will only say that not all Ethiopians live in DC and not all are taxi drivers, not there is anything wrong with that. I say it is better than torturing and killing people and claiming to be a growing economy when the vast majority is poor with 6 million starving. I have no doubt we sell $33billion worth of stuff. That is what this GDP is, not necessarily better living conditions for Ethiopians who are not eprdf members.

So Mamo, here is one to jolt you in to reality. I live in California, done college, good job and a family man. I know there are many more Ethiopians elsewhere in the US, who do as well if not better. Your put down of hard working ethiopians (who send you most of the US$s)just because they see the reality better than you do, is totally idiotic.

How is growth measured?
GDP, Gross Domestic Product, is a measure of Economic growth which refers only to the quantity of goods and services produced in a nation. PPP is nothing more than an estimate, so... my question to you is how many of the 80 million make as much as Eprdf party members? How many drive nice cars, live in nice houses? That, my dear woyanes is what we should be talking about. How well do the people do?

So, when we want to talk about nations like Ethiopia where the majority is under the poverty line, we are forced to call your leaders in to reality. We ask, what is the unemployment rate? What is the inflation rate? Whats going on with the currency value? Why is teff 1500br used to be 150br 19 years ago? And above all why in hells name do we ask the world to help us feed 6 million people in this growing economy? Now, I am not saying the GDP is incorrect. What I am saying is what does that translate in real terms on the ground. I am talking about living standards, I am talking about the despair of more than 3/4 of the population who are destitute. My dear woyanes, I am talking of the majority poor who can not feed their children due to the high cost of living.

Nazret.com I am really disappointed by you guys. This is not real news, starting from the model building you put at the top. Kenya and Ethiopia is not somethng to compare. If you go to Nairobi you will see thousands of Ethiopians chased around by their immigration police, pleading and begging to stay in their country. When that changes we believe we surpassed the. They are much much better than Ethiopia. So please don't create fake news with bogus statistics fabricated by we know who.

Hello Wello,

You said " most of Africa countries are getting a huge amount of assistance from the US and europian economic countries. There annual badget is not comng entirelly from internal capacity

where did you learn that annual budget has a significant portion in GDP(Gross domestic Product)? Please learn before you bark. For your information, read the following:-

"Gross Domestic Product is The monetary value of all the finished goods and services produced within a country's borders in a specific time period.
It includes all of PRIVATE and PUBLIC consumption, GOVERNMENT outlays, INVESTMENTS and EXPORTS less IMPORTS that occur within a defined territory.

GDP = C + G + I + NX

where:

1. "C"= all private consumption, or consumer spending
2. "G" is the sum of government spending
3. "I" is the sum of all the country's businesses spending on capital
4. "NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)

GDP is commonly used as an indicator of the economic health of a country, as well as to gauge a country's standard of living.
If you want to read here is a website for you and your likes.

Source: http://www.investopedia.com/terms/g/gdp.asp

Conclusion

Therefore as you can read(I HOPE, GDP's 75% inputs (3 out 4) are accounted or related to the private sector. Private consumption,the total net exports by business and the capital spending by businesses.
At last what I can say is know before u talk.

GENA GENA ALE GENA
VIVA ETHIOPIA

I don't understand the excitment of these folks, because I don't see any change in the life poor Ethiopian people. In Ethiopia today 5.4 million people need food aid. About 44 per cent of the population lives under the poverty line, more than 12 million people are chronically or at least periodically food insecure. In Ethiopia today there are thousands of homeless people, in Ethiopia today thousands are dying of treatable diseases. So what is this whoopla? Come on guys, don't be ignorant. If these things are real, they would been reflected in the life of the people. We know that Meles and his TPLF cadres shedded their kinkin & saved millions and billions of dollars in foreign banks, while poor Ethiopian are dying of hunger. And you bandas-- bebado meda tachebechibalachihu. Achebchabi hula.

i like the discussions or the word battle here. I learn a lot from both side. Keep going but respect all types of carrer. Thus, you can scape from poverty.

Sudan

Sudan is primarily an oil economy. We are talking about non-oil economies in east Africa. By the way, if Southern Sudan as expected secedes after next year's referendum, Northern Sudan is going to hurt real bad and will go way down in the ranking. I fear there is a great risk of civil war soon after the referendum next year.

ኢትዮጵያ ለዘላለም ትኑር

I dont see eritrea on the list. Congratulaiton all hard working Ethiopians specially those who sacrificed to the place we are now. If it were not for your sacrifice we could have been where eplf is now. From day one tplf and eplf came with thire horrible hiden agenda the EThiopians have said no while shabians dancing with wulves. They loughd at us, they said there is no country called Ethiopia, they said it only 100 years old bulshit created by amhara. Our fathers, brothers sisters jailed, killed for opposing when the two tplf and eplf gunned down those who opposed the change of Ethioian flag in the city hall by tplf. Ethiopians have not give up. Ethiopians knew Ethioipa could have done 100 times better than now. Even tigrians now learnt Ethiopia is not only mother land but also the source food and the key for their civiliaztion. The sadest thing have been that tplf have been killed our people together with eplf. Who is right now? In short from the first day tplf were working with EThiopians instead of eplf (which is the most horrible in the whole world a party more inclined for the neighboring party than its own) our economy could have reached more than now and the obstacles has been created by eplf all over round us could have been not materalized. Isays couldnt bother us, leave alone invading us, recurting oppostions, giving a hale in the somali front. There are more to do! And congratulations Ethiopians.

To all those who have this unenligtned approch to what the diaspora means to the Ethiopian economy...

"The average annual remittance from Ethiopians in the diaspora was 700 million.... Seyoum Mesfin, Foreign Affairs minister, told Parliament on Thursday, December 25, 2009. However, 1.2 billion to 1.5 billion dollars was remitted to Ethiopia through non-banking systems,"

That is how we do.

Now, lets talk about GDP, GDP per capita, again keeping in mind an increase in GDP does not mean an increase in personal income. In actuality, the majority of our people may have faced a drastic decrease in income.

1- GDP=the total dollar value of all goods and services produced over a specific time period in a nation... It is private consumption+Investements+gov spending+(exports-imports)... which most of the components, except exports, in our case may be minimal or even absent. Do not forget the aid $$s too...

2- Per Capita is an approximation of the value of goods produced per person in a country equal to the country's GDP, in other words... divide GDP by the total number of people in the country.

I know all woyanes know that, thanks to google. But what most you jilenegers do not consider is what is GDP made up of, what it is used to measure. In a healthy economy, if we can call ours that, we will see low unemployment and wage increases as businesses demand labor to meet the growing economy. Do we see that in Ethiopia? NO. What we see is low living standards, high cost of living, very high inflation, the birr not worth the paper it is printed on... where only a few can afford to pay for the bus, taxi to get to wherever in a nation where a once 0.15 machiato costs 2br and has become a luxury item. How about teff, berbere, shiro? In 19 yers of Tplf, teff has gone up 10 fold from 150 to 1500br while peoples wages have more or lase stayed the same. Read more or go take a few econ classes... De La Manco, Mamo, and all other woyanes who have nothing better to do but give praise to this dictator, Meles, every time you see some favorable news. In fact, it is very stupid to attribute all this to Meles when it is the Ethiopian people who diserve the praise.

Jast saying....

shame of nazret.com as mouth piece of weyane. Read this article as the contrary to what the mouth piece has wrote: http://gadaa.com/oduu/?p=2748

Correction

Not all imports - imports that are not driven by spending, such as food aid, are excluded from GDP calculation.

getreal [Visitor]

In your comment about ethiopians being chased around by Kenyan police, your twisting facts to suit your twisted mind or you are innocently confusing Eritreans to Ethiopians. I travel to keneya a lot, yes I have noticed that there are still Ethiopians who have been there since the 91 turmoil i can also confidently tell you that mass immigration from ethiopia is a thing of the past. plus, what has it got to do with the fact that Ethiopia's GDP has improved, did any one suggest Ethiopia has become Singapore? I don't think so, you better find alternative pain relief if you are the usual suspect, Eri-Bekentu

it is good to hope like this. but....

Debunking the myth that Ethiopia's GDP "just became better than that of Kenya" Looking at the World Bank data (World Development Indicator), it’s false to say that Ethiopia’s GDP became better than that of Kenya for the first time in 2010 (a misleading story on Nazret.com). During the dictatorial Derg regime, Ethiopia’s GDP was much larger than that of Kenya (and also growing at a much faster rate than that of Kenya) – all throughout 1980’s while Ethiopia was waging bloody internal wars, in the mist of a biblical famine and under extreme socialist system. Ethiopia’s GDP made a nose dive downwards in 1992 when terrorist TPLF took power in Addis Ababa – the downward trend during terrorist TPLF’s reign gave Kenya the advantage to be the biggest economy in east Africa. Therefore, even though Ethiopia’s GDP was much better than that of Kenya during the Derg regime, that alone had not made Derg any democratic. In other words, GDP size has no relation to whether a regime is repressive or democratic; it is possible for undemocratic and absolutely authoritarian regimes, such as the Derg and the terrorist TPLF, to have a bigger GDP size than any relatively democratic country. On top of that, most of the money that has gone into the Ethiopian economy in the last 18 or so years has been coming from billions of dollars of aid money and remittances from the Ethiopian diaspora. Putting aside the billions of dollars that the West has been pumping into the country to sustain the TPLF in power, we can imagine only the tens of billions of dollars of remittance dollars that have never been accounted for properly when we talk about the Ethiopian economy. With some conservative estimates, there are close to a million Ethiopians currently living outside their country. Here, I would take the liberty to ask each of us in diaspora to do a little arithmetic. Just if each of us takes how much we send back annually on average for whatever reason and multiply that by one million, it would easily run into billions. Where is all that money going to? There are very very few Kenyans that leave outside Kenya and therefore there is very little, if any, remittance money that goes into the Kenyan economy. The aid money from the West to Kenya is at best a fraction of the money handed out to Ethiopia which is by far the top recipient of aid money in Sub-Saharan Africa due to its incredibly deep level of poverty and huge population size. It should not be surprising if the GDP grows or falls under democratic governments or repressive regimes. What makes the two different is the OPPORTUNITY COST. If we estimate the opportunity cost on Ethiopia and its people due to the repressive and terrorist rule by the terrorist TPLF in the last 18 years, it easily runs into hundreds of billions of dollars. That is how much Ethiopia has been held back from growing economically. This is the difference in growth between having democratic governments and dictatorial regimes like the terrorist TPLF that are hell bent on terrorizing and harassing the population to make sure that they stay in power and squander the tax and aid money on bolstering their terrorizing security apparatus. dere

This news doesn't even have a source,all Nazret.com editor(s) will be in jail for breaking Meles's law(not mentioning a source).
Who dat is gonna invest with Junta and cry all his life!,I ain't!.

I am going to the party and party like there is no tomorrow.
OOps my bad I was dreaming that I read My Ethiopia is the 10th biggest economic power on the continent!!!(LOL)
People let us analize the genuine facts first.
Like Ethio-man elaborated it above

and what a contradiction, even the article source has a conflicting data
e.g -Ethiopia's GDP per-capita is one of the lowest in the world. Ethiopia has the 10th biggest economy in Africa with South Africa being Africa's economic powerhouse followed by Egypt and Nigeria.

we need progress, we sense joy we hear such news. But it is not a big deal given the country potential. It is not doubtable that HaileSallaise and Mengistu has brought progress with in that time frame of the world. We should be careful to mind on question of what brought such regime dawn, it was fact of discrimination and unbalanced growth and injustice.

The same holds true today. It is only few individuals, region or town on progress list. majority of people at periphery, at rural side went back in progress.

We should not forget the dawnfall of previus leaders were worked by minors at periphery, the same will holp this group. Take lesson from American civilwar, which was due to racial and economic hierachy: one is first class citizen and the other second. one group is owner and the other workers, laborer.

In our case ideology of ethnic equality does not hold it together unless it backed by genuine progress to all. The logic of complementary does not work lot in ethnically divided societies like Ethiopia, where a gun producer region use their gun to take back income gained by coffee producers. Such logic hold true only when there is fairness and equality, democracy as far as these issue are the only element that legitimize us to be in one country, to be in one legal ground. Free markert does not goes with ethnic group, rather with individuals. There is no where in world economy control in name of ethnic group. If it is so that is simply creating first, second class citizen in which one has supreme and illegal control over the other. Such country do not have future as history show us. I do not support such trend despite the new of growth in Ethiopia.

Way to go! Ethiopia....some Ethiopian they hate to see this success that is why they waste their energy by giving negative comment. No mater what all ways they have some negative thing to say, shame this not politic this is clearly jealous! I never seen or heard Ethiopian progress since Menelik. Progress means when you build infrastructure (transportation like rod and bridge, electric, communication, ) so please use your energy for good cause. After all most of us abandoned the country and live our life out side the country but we are the one criticizing every thing. The poor Ethiopian the one suffered now it is time for them to enjoy benefit. For us we live here if we cant say good don’t say it at all. Late the country grow. Using our past history it don’t help us for the future (it help only tourism) My brother and sister love and Peace. Specially my poor Ethiopians in Ethiopia stay tough keep working hard. Now it is time to shut up let the country grow…..Lets be posetive I know some of you so bad maybe you should move to HARRARY (with mengistu) ! God bless you all. Again thank you Nazaret ! For this Forum.

funny....

The video was produced by Ethiopiafirst.com; a TPLF agent and business partner......

[tota]
your name tells.
You are simply tota.

Anyone who's visited or lived both Kenya and Ethiopia can easily tell that Kenya is way ahead. How many Ethiopian refugees go to Kenya and never want to come back? Just go to Nairobi and see for yourself. Also Cia .gov isn't a good source for economic statistics. I would look at World bank or IMF. Also if many of you guys would take an effort and study Economics 101 then we wouldn't have this stupid argument. It's just ridiculous.

We all know that the opposite of Good is Bad. In today's world some journalists use mixing of the two terms interchangeblly in a given ststement. It is not clear to me how they find it good things in bad news and vice versa. are they doing propaganda? or disseminate the right information? We audiences have our sense of judgements and they are working functionnaly and properly. I do not know why they try to fool us. Please,do not use your profession for the cheapest things in your life. At least ,if not die,injure yourself to tell us the truth. If you do this, We respect you. We appreciate you. We support you. Above all, we trust you.

which to believe http://gadaa.com/oduu/?p=2748

Discarded diaspora what next? we kept telling you over and over Ethiopia is developing under the EPRDF,umbrella but never get it. I am glad that others has wittiness our un fold development indeed.

Great job Meles.Yeha

these a good news in order to balance puplation with econmy or better G.D.P DO NOT BELAME govrement teach your family to balance or to use family planing method.

YEEEEEEY! Go Ethiopia! Yes it is the land of tomorrow......I love that and it is THE LAND OF THE FUTURE THAT WILL NEVER END!

GDP AYBELA.

Bravo EPRDF , wow fantastic

What a dirty WOYANE PROPAGANDA !

Ethiopians are today far poorer than they were in the derg era.

Most Ethiopians can not even afford to buy food now in the era of woyanes,
this was not an issue in the derg era,let alone in the Haile Selassie era,

SO MUCH ADO
ABOUT NOTHING

just woyane propaganda.

I no longer dislike much less hate
weyane. Except for the port issue, as of now, I'm convinced th wayane or Ihadig are committed to develope Ethiopia.
8 years ago I was in Ethiopia, and I was amazed at the changes taking place in every sector of the economy in every region, up to village level, for that matter. And guess what recently I went back home for 3 weeks, and, oh for Pete's sake lets face the truth, I was not sure if I was in Ethiopia or in Europe. Trust me, the change I witnessed is still dizzying me, it is like some audacious dream miraculously comin true. As Addis born Tigre I was almost brainwashed by kinijit and Arena so much so that I was hating weyanes and their origin. Now I'm loving the short guy, he is really smart and I think he loves Ethiopia though we misunderstood them, Tigres being equated as narrow nationalist and rebelious people, we were damn wrong on that. I'm out!

It is so funny why a simple economic information from a credible publication creates so much drama in our community. Ethiopia is ahead of Kenya by their nominal gross domestic product 2009 GDP.It is definitely good news for Ethiopians and bad news to Kenyans. What is going on my fellow country men and women. I think it is better to control our emotion and follow simple logic. The fact is our GDP is number ten in Africa and we should not stop there till we hit number one. It looks silly and dumb to push personal issues out off its place. Lets move on and accomplish some more.

Here is a bit of reality Ethiopians. While there is significant growth in the economy, the Birr is over valued in its current rate. I assume buffered by the dollar. Reality is that Ethiopia has grown, but the numbers are based on an over valued birr. Kenya far surpasses Ethiopia and the GDP says a lot and even 900 for Ethiopians on an inflated birr is something to worry about. But this is very good news for Ethiopia, hope we can see more growth like this.

MELA MELA MELA ANBESAW
LESERA ENGI LEWERA GIZA YELEW !!

Not a while a go, we were behind every body else...Now we are cripping on everybody...we are growing on every front and we are reigning on every conflict and challenges...

Ethiopia is Africa's Medina.

The Horn is Ethiopia's play ground.

Enemy of Ethiopia...You have not seen shiiit yet.

Oppositions...u need re-birth.

Those who write such baseless statistics I invite them to make their Fairytells ,if they have the GUT ,in front of the poor Ethiopian peoples suffering of Famine ,war destruction ,malnitrution ,infant mortality and AIDS . Specially to the street children .You said that the GDP surpassed the one of Kenya .What a jock ,does Ethiopia under the leadership of this eviol guy ,produced more tea ,butter ,fruits .And you know the answer "NADA".

Hi Everyone,
I live in the Diaspora and I don't feel any kind of the symptoms that were described above (no burning of my stomach, crying, or jealousy I actually feel great) lol I am happy for even a half a percent of growth for my country but I am a bit more sceptical on the numbers then most of you guys I guess. You can't really blame me when the % of growth, inflation etc. is different from different sources of information. That being said I still think this is a good achievement. I just hope the government works more on population control so people’s income per capita would go up as well. Just like someone stated spending on defence is mandatory we should allocate a % of this growth to do massive national education on population control because if we continue to grow at about 2.5% annually (almost same as Kenya) it will take us a long time to grow the middle class and eradicate poverty.

dere
tell them like it is.
for real Economic Strength we need

Government with Transparency and
Accountability that means Democracy
and Human Rights.
a Social Capital is Human Capital

so we need Education Health population Marriage and Family..

Nations with transparent and accountable gov. resist corruption, have more vibrant and properous private sectors attract higher levels of investment for Inovation.
...

What about Eritrea ? I think Essayas promised to make that land like Taiwan within few years, so where is African Taiwans dream ?

Sorry Nazret,It is a lame attempt to misled. Kenya only has a third of Ethiopia’s population number. It’s per capita income is more than double that of Ethiopia. Now Ethiopia is more poorer than she was 10 years ago. Per capita income is a clear indicator of the well being of the population.P.S Djibouti has more pcI than ours. If we were not involved in hating each other and work for the betterment of our society for the last 50 years Ethiopia would have been one of the economic power house in Africa. I guess the nation is cursed because of the sins of it’s citizens.

just a good news! But this does not change the fact that poverty is still reigning over our beloved land. Unless there is an even economic distribution between the minority ruling class and the mass majority the economic growth registered remains a mere news. Imagine we could have done more than this had EPRDF leaders open their deaf ears and hear us, the people. Anyways we should thank both our God and leaders.

this all propoganda is a lie. if this is true why ethiopians are hungry every years.

Great news.But to the supporters of EPRDF, I would say this is a sluggish and slow one.Look EPRDF has been in power for more than 15 years and...Why you guys underestimate this people and your country.WE can do more than this. This is not a class conflict. Whoever the leader of this country is ,it is the people that carry both the curse and the burden on its shoulder.OUR TARGRT SHOULD NOT BE SURPASSING KENYA OR ERITREA.WE SHOULD BE ABLE TO AVOID POVERTY FROM THE FACE OF THIS LAND.

ayan,
Your comment is baseless and is typical alien propaganda. Your figures are miscalculated as the report above. For there are 144,000 Chosen children of Israel scattered abroad whom know Haile Selassie to be the Almighty God Christus Jesus. The Jamaicans are blessed from the Almighty Jah with wisdom and a voice to be carried for all of Africa, which is evident today in conscious reggae music, chanting and burnin down the walls of babylon internationally. "It is this challenge which must triumph over the evils that plague our peoples; which must temper and reduce the racial, political and religious differences among them; which must bring to them the peace required for the better world which you seek to create." Haile Selassie, blessed fire burn down the federalism star of witchcraft, Rise with the Lion of Judah!,Long Live the Solomon Dynasty!, Long Live Independent Ethiopia!

Woyanne wild animals are out with all the drums they have to praise the most criminal as if he makes the economy grows a bit ,i would like to tell you the real fact had we have a
capable leaders like Dr berhanu our
country economy would have grown 5 times more than woyanne mercineries
who gets their direct order from u.s and britain(42 billion u.s dollar and +giving our fertile land to the
foreigners)so to say woyanne is busy on selling our country and the so called growth has its price,having said that after being rejected by the election 97 it was bushs plan
to help the midjet with aid like the
former u.s ambassador donald yammamot
repeatedly says that to help the economy grow in their way the reallity is Ethiopia is in danger
as long as woyanne stays occupier

I believe the progress that has been made sould be due to sound investment and economic policy. now what matters is our positive attitude towards the growing prospect of the economy. the idea shoul be how can we sustain this growtg? how can we benefit the poor? is it possible to keep the growth of each regions at the same pace? how can we balance that? sound economic policy and commitment in leadership have pivotal roles. coruption??? Africans cancer? I believe it is? no drugs invented yet for that.

@hammere
'Do not you know that GDP per capita grows as GDP increases?'

Not necessarily. It might or might not, but it is a good thing anyway.

Think of it as a 10 member family getting 100birr per yr, that will be the gross, and percapita will be 10birr. Now if the family gets 150birr the next yr, the gross grew by half, but if they added some members and are 20 now the percapita will decrease by a quarter(7.5birr).

I am kenyan and to be honest, i am thrilled to hear that ethiopia is doing well. Viva! my brothers and sisters. I dont really care about GDP growth - kenya had a nasty post election violence in 2008 - investment dipped, tourism and agriculture took a major dent and the economy is only now coming out of the doldrums. that we are registering any growth at all is god's grace. Besides, we are embarking on aggressive infrastructure upgrades (super highways and ICT) and are reoganising our politics with a new constitution - things will get worse before they pick up - that's what every kenyan knows. We have a vision for 2030 and are working towards it - in the meantime, all the other countries can overtake us all they want; instead, What i pray for is closer ties with ethiopia; it's a beautiful country and the 80million population will be a major boost for the east african common market - that's what i would tell menes if i had a chance to chat with him. Anyway, my hat's off again to ethiopia - you have done well and you deserve a pat on the back...

this is promising

This is not a sustainable economy. The government is corrupt and tyrannical. it does not allow free market economy to the people at large. The economy is run by quesitonable people who have benefited due to their affilation with woyane. The economic activity is largely "ayer bayer." there is no foundation to it. It is neither a goods producing economy nor service oriented economy. It is like a building built on a sand. Real economy is one that encourages citizens to pariticipate freely. Free economy is built by free people. To talk about the growth of ethiopian economy is like talking about the growth of drug trade. Both of them benefit only few people at the expense of the life of the majority.

good news

TPLF thugs ,bunch of Liars and village idiots .First of all it's not Ethiopia that serpasses Kenya .It's simply the Kenyan economy itself that has fallown down at the poorest african countries level. Unfortunatly including Ethiopia.The reasons of such desastours is corruption of minoroty tribal mafia groups the same as the Tigrai Mafiosos ,the destruction of the eco system by uncontralable commercial based plantation ,like Flowers Production . The agriculture economi field sacrified for the sake of foreigners .Like the TPLF bandits selling the farms for Arabs ,Chinese and Turkish so called investors .

Imperial Body Guard [Visitor]


"For there are 144,000 Chosen children of Israel scattered abroad whom know Haile Selassie to be the Almighty God Christus Jesus..."

THEN YOU SHOULD BE GRATEFUL FOR EPRDF FOR KICKING OUT THE PROPHET KILLER MENGISTU...dont you agree???