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Could Ethiopia become the Biggest Economy in East Africa?

11/18/07

Permalink 02:09:45 pm, by nazret.com, 351 words, 6699 views   English (US)
Categories: Business, Ethiopia, Feature

Could Ethiopia become the Biggest Economy in East Africa?

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File Photo: Addis Ababa Skyline

Could Ethiopia become the Biggest Economy in East Africa?

Ethiopia's GDP growth for 2008 is estimated to be at 8.0% and GDP will grow to $20 Billion, according to "The World in 2008" from The Economist Intelligence Unit. The GDP in Purchasing Power Parity (PPP) is estimated at $84 Billion. Inflation is at 12% and with a population of 85.1 million, the GDP per head is estimated at $229. Kenya is the biggest economy in east Africa in terms of official exchange, but Ethiopia is closing the gap. Not many years ago, Kenya's economy was almost twice that of Ethiopia's and this is no longer the case.

Ethiopia could soon become the biggest economy in East Africa if the economic growth of the past few years continue. But considering the population of Ethiopia, GDP per head still lags that of Kenya by far. When comparing the GDP in Purchasing Power Parity (PPP), Ethiopia is already the biggest economy in East Africa. For 2008, Kenya's GDP is estimated at $25 Billion.

The Economist Intelligence Unit also predicts that standoff with Eritrea will be 'fester', but a return to war is 'unlikely'.

*Sudan is not included in the East Africa region for this blog. See map of East Africa here

Pictures of Addis by Solomon

--------------

Ed's Note:

Below is the raw data from The Economist and the question for our visitors is Could Ethiopia Become The Biggest Economy in East Africa?
Another data from The World Bank, in 2002 Ethiopia's GDP was $7 Billion and Kenya's was $13 Billion (almost twice). In 2008 The Economist predicts Ethiopia's GDP to be $20 Billion and Kenya's to be $25 Billion. Based on these, could Ethiopia soon (in few years) become the Biggest Economy in East Africa?

Granted Ethiopia's GDP needs to be at least $54 Billion just to match Kenya's GDP per head, but the question is, whether Ethiopia could soon become the biggest economy in East Africa? Perhaps a bragging right.

Ethiopia
GDP growth: 8.0%
GDP: $20bn (PPP: $84bn)
Inflation: 12.0%
Population: 85.1m
GDP per head: $229 (PPP: $990)

Kenya
GDP growth: 5.6%
GDP: $25bn (PPP: $63bn)
Inflation: 7.4%
Population: 38.5m
GDP per head: $640 (PPP: $1,640)

Source: The World in 2008 Economist Intelligence Unit

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msg Comment from: ፊታውራሪ Free [Member]
FYI,

ADDIS ABEBA - From all economic endeavors underway in the country, Ethiopia could be said on the right track for growth and development, but the country is not performing well in its trade and development, according to UNCTAD's new edition of Trade and Development Index (TDI).

In fact, Ethiopia is rated as one of the poorest performing countries in trade and development, way behind many of the countries in Sub-Saharan Africa that have registered significant economic achievements.

The index puts Ethiopia on the 114, three steps down from its 111th rank in 2005.

The TDI shows there have been improvements in the country's economy in 2006 compared to 2006 where it scored 379 points from 373 in 2005.

But that meant insignificant compared to other countries in the Table.

The new UNCTAD report was launched on Tuesday at the UNCC.

Ethiopia's poor economic performance came as a surprise to many at the press conference after a lot has been said of the country doing well in its efforts towards eradicating poverty and ensuring sustainable development.

Several African economies are now showing signs of the positive growth needed to end decades of poverty, poor growth and stagnation in the continent, according to a recent World Bank report released on Wednsday.

The UNCTAD report appears to paint a gloomy picture on the country's prospect of achieving the UN-set Millennium Development Goals (MDGs).

The TDI is very much reflective of whether or not a country is doing well in its economic performances and, its chance of reducing poverty and meeting the MDGs.

"The TDI is a benchmark, a measure to the degree of integration between trade, economic and social development," said Sudip Ranjan Bassu, one of the co-authors of the report at the press conference.

The country's ability to enhance the growth would be critical in its bid to meet the MDGs on poverty and sustainable growth.

The US, Germany, and Denmark are the top ranking countries ranking 1st to 3rd respectively from the western world, while South Africa, Mauritius, Tunisia, Madagascar and Uganda are the top ranking African countries in the index.

Rajan Bassu pointed out that Ethiopia is among the laggards even in the eastern African countries which include Uganda, Kenya, Rwanda, Malawi, Brundi and Zambia which stood from first to the seventh ranks, Ethiopia being the eighth.

Poor results in the index means that Policy makers Ethiopia and other countries which are not performing very well need to employ other measures such as macroeconomic and financial management, as well as trade support and industrial policies, Rajan Bassu said reiterating UNCTAD Secretary-General Dr Supachi's words at the Geneva launch of the index.

"Only then will they close the gap with more advanced economies," Rajan Basau stressed.

The TDI was launched in Geneva on the 6th of November 2007 and shows how countries performed in trade and development in 2006.

-----
Source: Daily Monitor, Nov 15, 2007


Are you guys transforming the good old Nazet into Adama-Aiga?



PermalinkPermalink 11/18/07 @ 14:44

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msg Comment from: chu [Visitor]
GO ETHIOPIA GO!
PermalinkPermalink 11/18/07 @ 14:53

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msg Comment from: yegermal! [Visitor]
way to go Ethiopia, may the 21st century bring more growth and stability so the economic renaissance started bring prosperity to its deserving people.

Those that have brought these should know nothing gives you more satisfaction than doing the right thing.

For the haters, well one way or another the truth and only the truth will prevail in the end.
PermalinkPermalink 11/18/07 @ 14:59

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msg Comment from: debebe A. [Visitor]
Nazreth.com is becoming another aigaforum. It is sad to witness this in a very short period of time. It is well known that there are a lot of weyane cadres planted in nazreth discussion forum but now it is becoming clear by the day.
PermalinkPermalink 11/18/07 @ 15:06

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msg Comment from: Tomas [Visitor]
Go bless Immiye Ethiopia.
God loves Ethiopian :D
It is wonderful news
PermalinkPermalink 11/18/07 @ 15:11

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msg Comment from: tazabi [Visitor]
Why stop at Nazret.com? Why not accuse the Economist Intelligence Unit of being infiltrated by Woyane agents, too? Why is it unfashionable among some to be optimistic about Ethiopia's future and why is anyone who sees a flicker of hope in Ethiopian affairs immediately accused of being a Woyane? I am not aware of any other people who wish their own people so much ill will rather than see the government be credited with any good deed! How sad and pathetic!
PermalinkPermalink 11/18/07 @ 15:29

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msg Comment from: Man [Visitor]
It wont be long Kenyans migrating to ethiopia looking for work.
PermalinkPermalink 11/18/07 @ 15:30

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msg Comment from: etman [Visitor]
international flower investors already moved out of kenya to ethiopia. hopefully more of the same will happen in the future.

PermalinkPermalink 11/18/07 @ 15:43

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msg Comment from: Wankobo [Visitor]
I told you so.
PermalinkPermalink 11/18/07 @ 16:07

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msg Comment from: teshome [Visitor]
It is fact. I like to see my people go back to his country from all over the world.
PermalinkPermalink 11/18/07 @ 16:21

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msg Comment from: Thinktank [Visitor]
do you guys understand english? Have youguys read it well? The whole Economic development in Ethiopia the Government is talking about is a lie. What hope are you guys talking about?
PermalinkPermalink 11/18/07 @ 16:24

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msg Comment from: Tamrat Tamrat [Visitor]
Ya, why not if we send shabians home.

Long time ago we sused to have a cow which was the source of our milk and butter. Her name was Mekoya. Mekoya was not only the source of our food but also like a member of our familly. No body is allowed to bit her, execpt some neighbours. We can not expect all our neighbours to respect her. but it is painfull to see she is bitten cause she is quiet sensational. But Mekoya became seek one day ang got worse day by day. She was becomming thin, started to give very littel milk. And most of all she looked tired and sad. We got depressed. She was our treasure in all sorts of ways. Finally the old man who is expert on all sorts of things concerning animals in our area came and saw Mekoya. And he said dont worry her seekness is a bunch of bugs (i dont know what it is called but a at home we call it 'megiger') which sucking here blood here and there. And he showed us bugs as big as small frog which comufalged themsleves ot Mokyas skin: four in her armpits one rigt in the middle of her stomack, and a pair around her tits. It was a painfull seen to take them off from Mekoya. Mekoya though was too exhousted but it was not difficutl to see the pain in her eyes when the expert did the bloody surgery which made free the bugs from Mekoya. You would have seen how reelived she looked and how big the the bugs were. Mekoya came into life again no sooner than two three weeks. We got back our serrogate. Life became normal like it used to be. We didnot wish more.

That is how my Ethiopia got releived when shabians got back to their home. Now look Ethiopia. She is shinning, giving milk to her chlildren happilly. Do we need those bugs to come back? Noooooo. Go shabians home. Shimelba must be free from shabia. Who knows half of them maybe are spies and half of them when they eat enough strat making problem. Why botter. Send shabia home.
PermalinkPermalink 11/18/07 @ 17:18

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msg Comment from: bulch [Visitor]
" ethiopia coud soon become the biggest economy in east africa " sweeeeeet!!!!!
PermalinkPermalink 11/18/07 @ 17:35

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msg Comment from: Lencho Aba Biya [Visitor]
This positive news of economical growth is to be taken positively. for those who comes to see how all the development movments are progressing there is a good reason to be hopeful our country is on a positive move. At the same time the Government should also take serious actions on those who pretend as bussinessmen, but full of selfish and greedy motives. Those are who can increase price overnight on some comodities simply without reason and bring chaos. during the millenium so many things among berbere has skyrocketed. At least very recently berbere is coming back to its actual price. Take some government hotels. Ghion and others alike increased about 200% on the normal rate without any change in the room facility are still charging the same rate. Many investors who were clients of those hotels are not willing to go back to the same place. There should be a responsible government body who can genuenly controll the selfish increasment of prices and increased charges in various services. As the development is on high gear investors need to see a stability ! Otherwise inspite of the black sheeps negative talks Ethiopia is on a move and we shall reach the goal of success sooner than imagined.
PermalinkPermalink 11/18/07 @ 17:35

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msg Comment from: addis ababa of civility room [Visitor]
Proud of you Ethiopia, and its leaders.....job well done
PermalinkPermalink 11/18/07 @ 18:06

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msg Comment from: baymeno [Visitor]
For those who say nazret becomes iga forum:

Leave nazret.com alone and comment on the article. If you disagree with the article, support your claim by facts. Though he is dead wrong, Free [member] tried to present some crap as facts to show the article is wrong. Neverthless, he tried to be reasonable. Goog job Free except the last statement!

If you think there is no development in Ethipia just because EPRDF is in power, go ahead and sing the usual song. If you don't want to hear anything good about Ethiopia, visit either ethiomedia or shabia.com.

For those of us who hates extreamism from both side of the Ethiopian political arena, we stick with nazret for good and for worst. Instead of whenever you see the opposite view complaining why it is posted, learn how to tolerate the views of others without violence and negative attack. Practice democracy here, before you shoot your fellow Ethiopians who have different ideas than yours.

God Bless ethiopia!
PermalinkPermalink 11/18/07 @ 18:07

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msg Comment from: ETHIOPIAN blood [Visitor]
tazabi GOD bless u!! everythime when i see comments from people anything good news about ethiopia ..people don't like it they start talkin about woyane lol WTF don't forgot it's your country peeppz woyane has good sides and bad sides.....not just ethiopia has a problem with leaderz the WHOLE AFRICA and the WORLD has problems as well...anywho GOD BLESS ETHIOPIA AND IT'S PEOPLE!!!

PEACE
PermalinkPermalink 11/18/07 @ 18:15

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msg Comment from: Eshatu Daba [Visitor]
It is good for those who could not believe their eyes and ears, may be they could read it from the the white paper"A fool and a paper will not loose what is imprinted in them. For those who think we are for Woyane, as long as Ethiopia is growing and is shedding its humiliating image; Why not?
The government is totally immersed in improving the standard of people, it is not aware that it has to give people a lesson that they do not need a dozen children like the days of high infant mortality. Family planning must be preached at every occasion. It is better to have fewer well fed and cared children who will in turn grow up healthy and productive to accelerate the growth of their nation even even faster, than their fathers.
PermalinkPermalink 11/18/07 @ 18:37

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msg Comment from: ye ethio lij [Visitor]
go ethiopiayaas=>
PermalinkPermalink 11/18/07 @ 18:50

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msg Comment from: fesam22 [Visitor]
People, we should accept good news whenever we get it about our Ethiopia. Searching for bad news just to make the current regime look bad is not helpful and is getting tiring. I used to be against Melese. Now the negativity of the so called Ethiopia lovers is forcing me to see him differently. Once he gets rid of Isaias Afeworke, he will be my hero. Think Ethiopian people and not who is ruling it.
PermalinkPermalink 11/18/07 @ 18:58

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msg Comment from: armacho [Visitor]
nazret is not beccoming aiga now it has become a true site with a very balanced news;way to go nazret
PermalinkPermalink 11/18/07 @ 19:17

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msg Comment from: Z-Mike [Visitor]
Of course, Ethiopia will soon become the leader in Africa economically. Just be patient and well see what EPRDF will do for Ethiopia.

I am sure this is bad news for CUD/SHAEBIANS/ONLF and the person above call FREE. althouhg I belived that is someone who posted it from NAZRET.COM moderator.

Well siad my bro. TAMRAT Tamrat...


Comment from: Tamrat Tamrat [Visitor]
"Ya, why not if we send shabians home".

I do need to send Eritreans not just to ASMARA but i think we should throw them into the port (asseb) so the whales can be feed & Ethiopia will be in peace...


GOOD WORK FELLOWS: Ethiopia will grow and grow!
PermalinkPermalink 11/18/07 @ 19:33

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msg Comment from: solo [Visitor]
This is totaly false report ,Ethiopia is the poorest country in the world nowhttp://www.ethiomedia.com/ace/bottom_at_devt_index.html.
PermalinkPermalink 11/18/07 @ 20:15

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msg Comment from: ewenetu [Visitor]

That is totally a dream.

With the prevailing condithion in ethiopia how one can expect development in Ethiopia living under unelected govermnet,under dectatorship, lead by minority ,the econmoy controlled by minorities,with no free press,with the prevalence of human rights abuse,without independent judishary,independent police,with dead parilament ,etc....

Ethiopia may better than the current somalia

I hope ethiopia may better than all african countries in the coffin of woyane and the dectator....
PermalinkPermalink 11/18/07 @ 20:19

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msg Comment from: shame on you [Visitor]
Ethiopia's poor economic performance came as a surprise to many at the press conference after a lot has been said of the country doing well in its efforts towards eradicating poverty and ensuring sustainable development


It shouldn’t be a surprise, it is expected even the worst performance than it shows now, because Ethiopia has the most corrupted and totalitarian government in world. Where there is no good governance, you can expect good economic performance; it is somewhat similar to expect from the snake’s egg a bird.


PermalinkPermalink 11/18/07 @ 20:29

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msg Comment from: werabesaw [Visitor]
Tamirat Tamirat,
For you and your bosses Woyane the bugs are Shabiyas.You have to belive that Woyanes are the biggest blood suckers than Shabiya.Please forgett about what the so called economic growth.That is all lie.Ethiopian people are in a very deep trouble than ever and you are talking about growth.GOD will pay you back one day.This time our people are suffering from unbearable poverty but Woyane gangisters are lying on the paper.
PermalinkPermalink 11/18/07 @ 21:09

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msg Comment from: musbeena [Visitor]
thanks for the smartest AFRICAN leader pm MELESE ZENAWI, becouse of you the worlds poorest country is under the way. we proud of you however we shamed ethiopian diaspora and they all stupied ass.melese is the only guy who strugle to bring change for the nation .long live for pm melese zenaw.keep kicking your enemies ass and keep doing which is great for ethiopia.thank you
PermalinkPermalink 11/18/07 @ 22:16

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msg Comment from: fithun [Visitor]
i don't know when we guys are start to thiink
neutrally and get the facts right.no one denies the fact that ethiopia is growing and making progress in every front diversifing its exports .it is a plain truth.it doesn't take to be EPRDF to see that the country is showing progress although it has to go a long distance ahead.
PermalinkPermalink 11/18/07 @ 22:21

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msg Comment from: anonymous [Visitor]
This article is food for the uninitiated. The fact is that the GDP is growing at no more than 5%--an average for east african countries. See the Economist article a few weeks back. The per-capita GDP is the real measure of progress. Ethiopia is far behind on this measure. Ethiopian Economists--why are you so quiet? Shouldn't you have an opinion on this issue???? Speak up!

PermalinkPermalink 11/18/07 @ 22:29

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msg Comment from: Balageru [Visitor]
the article far from the reality on the ground. the inflation out of control, the price of goods, building materials sky high, in the last three month alone things like sheet-metal roofing[korkoro] doubled.

any government with poor economy performance will not last long. forget zeraf-zeraf the economy is the key. stop too many rules and regulations, the development should spread all around the country not just Addis, Mekelle, or Nazreth.
PermalinkPermalink 11/18/07 @ 22:46

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msg Comment from: Nebil [Visitor]
i knew ethiopian economy would grow that fast and large in short period of time. it won't be too long before you see kenyans on the streets of addis.
PermalinkPermalink 11/18/07 @ 23:13

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msg Comment from: gmoney [Visitor]
Have you guys heard the news.......

I just heard that a large group of Ethiopians living in Ethiopia have finally figured out that those living in the diaspora are nothing but ignorant, miserable, pessimistic bunch of a--holes who should be ignored like a bad dream.

Well, I'll be damned.
PermalinkPermalink 11/18/07 @ 23:55

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msg Comment from: D barry [Visitor]
I been in kenya for two years from small buisness upto big run by forign ctzen in ethiopia is 90 percent of enterprise run by ethiopians go to hell if you dont understand the difference.
PermalinkPermalink 11/19/07 @ 00:01

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msg Comment from: solomon [Visitor]
it already is!
PermalinkPermalink 11/19/07 @ 00:30

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msg Comment from: geremew [Visitor]
did you guys watch a marvelous program about ethiopia on Hannity's America of the foxnews tonight? I felt proud of my country! The history of the ark of the covenant, queen sheba, axum etc.
PermalinkPermalink 11/19/07 @ 00:32

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msg Comment from: kenyan [Visitor]
ethiopia has more potential than kenya. i think the point here is that the whole region benefits from ethiopia being a bigger economy. if i can take a train trip from nairobi to addis, that makes movement of people goods and services available to all.
this is all good news for kenyan and ethiopians
PermalinkPermalink 11/19/07 @ 00:50

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msg Comment from: Daniel Tekle [Visitor]
Free,
Nice job my brother.

After reading this article, the first thing that came to mind was:
Ok, lets take foreign aid out of the picture, is Ethiopia among the fastest growing economies in Africa?

Believe me my friends, I dont find any pleasure in spoiling the party. I wish it was true.
Ethiopia is the second largest recipient of foreign aid in Africa after Egypt. What happens to Ethiopia if it is no longer an important allay to the US. After all, they abandoned Ethiopia in the 70s.
I wish to see, real, sustainable, organic growth in Ethiopia. That is my dream, that is real growth. The potential is certainly there: famously fertile land, exports such as coffee, hide, flowers, and now oil in Ogaden. It is all there. We need to focus on the basics before we can dance with the big boys. Lets improve literacy rate and life expectancy as those are the most basic and fundamental variables in nation the building process.
With an average literacy rate of 45% and life expectancy of 49, lets not get fooled. Kenyas's literacy rate is at above 85% and life expectancy on average is over 55.
All the best,
Daniel Tekle
PermalinkPermalink 11/19/07 @ 01:06

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msg Comment from: ewnet [Visitor]
It is good to hear such a good news about Ethiopia. I don't care who brings development to Ethiopia. I just want it to come.
best wishes to all!

PermalinkPermalink 11/19/07 @ 03:54

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msg Comment from: Godge [Visitor]
Go ETHIOPIA !!!!!!

Bad and bitter News for our enemies!!!!
PermalinkPermalink 11/19/07 @ 06:50

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msg Comment from: Tamrat Tamrat [Visitor]
Dont get me wrong i am not woyane. but anything come out side of Ethiopia against of our existence like shabia i will be by the side of Ethiopian govt. Any wrong thigns the govement does i oppose it. any posetive thing our govt does i appreciate it. No more arm struggel against Ethio govt.
Woynae will be the last govt to leave office by election.

For the moren shabians who shout Ethio is the poorest country ok let it be but what the hell you call the shabians who begg in Shimelba and the one who pray in addis not to go back to shabia land. Shameless!

Bravo, Z-mike. I am not a woyane supporter but we both like any civilized Ethiopians can discuss our difference and work together to send shabia home.

Peace and prosperity to Ethiopia.

Better life conditon to our soldiers and their famillies.
PermalinkPermalink 11/19/07 @ 07:20

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msg Comment from: Ghion [Visitor]
Not only "Ethiopia could become the biggest economy in East Africa" it already is a power of economy in East Africa. May GOD bless Ethiopia and her people. GOD willing we will get out of a stagnant and excruciating down fall of our economy for the past decades.

We will undoubtedly shatter out off poverty and misery of the have nots and on to joining the haves of the world.

May our GOD be the answer for us.
PermalinkPermalink 11/19/07 @ 09:23

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msg Comment from: ababu [Visitor]
I looked at the pictures of Addis by Solomon and I a mesmerized by the the growth of Addis in seven years since i last visited. It goes to show that when there is peace and antepenuers are allowed to do what they do best
proseperity will come sooner than later.
PermalinkPermalink 11/19/07 @ 09:46

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msg Comment from: TEDDY [Visitor]
What a joke !!Where have you seen in a country where reign civil wars there is an economic growth .Afterall statics are simple digits .Sometimes printed to enjoy the guy in power . In a country where even those who have jobs can not afford the price of different goods and where there's so much poverty how can they talk about the economic miracle . LONG LIVE THE TRUE ETHIOPIANS !!!
PermalinkPermalink 11/19/07 @ 10:04

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msg Comment from: workamaw [Visitor]
What I know with certainity is I still keep on scratching my belly and and am still yawning. People tell me that I am eating. How could it so happen that I don\'t feel it?
PermalinkPermalink 11/19/07 @ 10:30

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msg Comment from: One [Visitor]
SOLO, why dont you just shut up.
You are Eritrean and you do not need to comment on Ethiopian websites.

In fact Ethiopia isn't the poorest country in the world and has never been it!
PermalinkPermalink 11/19/07 @ 11:10

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msg Comment from: yigermal [Visitor]
what has happened to this website? It looks like woyane took over this site. It is becoming a woyane propaganda mouthpiece by the day. It is sad!

PermalinkPermalink 11/19/07 @ 11:25

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msg Comment from: Ayeresu [Visitor]
South Africa uses the most electric power per person (4 884.8 kilowatt per hour); Ethiopia uses the least (32.7 kWph).

In Mauritius, there are 22 children per primary school teacher; there are 72 in Ethiopia.

South Africa has 724.3 cell phones per 1 000 people; Ethiopia has the least with 5.8 per 1 000 people

source: http://www.observer.org.sz/main.php?id=39774&section=business
PermalinkPermalink 11/19/07 @ 12:21

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msg Comment from: anonymous [Visitor]
I must agree: it truly is like reading Aigaforum all over again. Absolutely ridiculous article ...hope to hear also from the Ethiopian economists on this issue...
PermalinkPermalink 11/19/07 @ 13:09

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msg Comment from: selam [Visitor]
Where is the source for this article? Disclose it, please.
PermalinkPermalink 11/19/07 @ 13:26

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msg Comment from: saba [Visitor]
Ethiopia could easily be the largest Economy in East Africa but that could only mean top of the bottom pile and nothing else. We need to focus on improvements in absolute terms.
PermalinkPermalink 11/19/07 @ 14:26

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msg Comment from: ፊታውራሪ Free [Member]
Ya, you can fool yourselves woyanes, but not us. The Economist's "intelligence unit" did not come up with the ridiculous "could Ethiopia become an economic power in East Africa?" when they are well aware of every single economic development indicators including the beggar&looter leaders at the helm. It was not long ago this the same paper let us read one of its best political and economical analysis of the country, which concluded Ethiopia's economic development is NOT rosy as the woyane Gangsters and its cheerleader propagandists are trying to make it 'be were'--which is true based on the hardship the Ethiopian people have been facing for past years. Even in Addis where most of the so called investment is flowing, unemployment rate is a staggering more than 70%(go read the economist, even if the paper didn't say that, we know the facts on the ground!). The only job the woyanes have created is for soldiers and hodam cadres, nothing else, plus the country have seen its highest population growth, and multiplied its enemies. Don't tell me you have build more schools blah blah, while we know they are only 'maseltegna' camps for the under educated Genet's Army. Of course Ethiopia can excel in economy, but that requires well intentioned and visionary leaders, The woyanes are out of that category.


PermalinkPermalink 11/19/07 @ 14:31

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msg Comment from: wepe [Visitor]
what r u guys talking about? i hate tplf n every thing they are doing against us but if they do any thing good what ever it is (even though i doubt it, because it's against their nature)we do have to appreciate it. otherwise it's like u are wishing to here everything bad about ur own country. at least this is getting shabians go to roof by anger which is a good thing for us since they are our enemies. btw don't worry tplf will be down someday and that day we shall show mercy to 'em. as i said i hate 'em because of the things they've done.(i had even a relative killed by 'em but anyway)but c'mon ppl if don't start to forgive each other this won't never last.


wakes up everyday being proud that am an Ethiopian.
Igzer Ethiopian 1 yargat , kekfum yitebikat
PermalinkPermalink 11/19/07 @ 15:09

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msg Comment from: Haqu - politica [Visitor]
Dear Free: You are I am afraid blinded by your hatred of EPRDF and hate to see anything good for your country Ethiopia (if you are ever Ethiopian).

In my capacity, let me try to help you grasp some basic economics facts. UNCTAD measures economic development primarily taking trade as a measure. Whereas if you see the World Bank indicators GDP growth and other indexes Ethiopia is doing fairly well. Its economic growth in the last 5 years is impressiver, even according to W. Bank.

Now, why is there it seems a contradiction between the two respected institutions (W. Bank and UNCTAD)? One may ask do they really talk to each other? But, they do. One is focused on the areas it is interested or is responsible for. To me, I will take the W. Bank indicator seriously than the UNCTAD one, even though both could be right in their own merit.

The World Bank indexes are much more broad and in-depth. If you want you can go to their sight and read their latest report. W. Bank has put Ethiopia among those countries which are on "sustainable economic growth track" with over 5% GDP growth on average in the last several years.

EPRDF is wisely putting its money (whether loan or foreign aid or its own budget) where it should go - infrastructure development (ENERGY, TRANSPORT, COMMUNICATIONS) AND HUMAND DEVT (EDUCATION, HEALTH) ETC. These are very critical for putting the country on the firm and sustainable track for economic growth.

At the same time, they have made good progress on foriegn trade, including diversifying the export products and reducing dependency on a single or few cash crops primarily like coffee. The flower export is a prime example.

By the way, I am not an EPRDF member (you may think that way, it is your myopic call!). I am simply an Ethiopian who tries to speak my open mind (in fact I hate poliitcs - esp. Ethiopian, because it is not even politics, it is a hatred based gossip, esp. in the Diaspora).

The partisan media like Ethiomedia (the darling of the so called Opposition) is one-sided always goes after negative publicity. Because they hate EPRDF, they also do a diservice to the poor country, Ethiopia, because they don't look for truth. That undermines the objectivity and the already screwed-up mind of the so called poliitcal elite). You may be one of those victims, even though you may not know it. I am sorry to be frank.

Overall, I believe Nazret.com is the closest to be fair and impartial or at least strives to encourage independent thoughts and opinions about our country. The Ethiopian political elite has a long way to liberate its own mind, before it liberates our country!

See you later!
Haqu
PermalinkPermalink 11/19/07 @ 15:59

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msg Comment from: el [Visitor]
haqu, what can i say man, you have said it all, I hope it will get through the bone headed Free.
thanks haqu.
PermalinkPermalink 11/19/07 @ 17:30

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msg Comment from: Jazzman [Visitor]
Yes, we do support the positive development in Ethiopia, that's what the responsibility of us so called diaspora.
We can't see our country fall into poverty again, it dosen't matter who's leading......and we're working night and day to make this happen.....we may not do it in public..
PermalinkPermalink 11/19/07 @ 19:29

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msg Comment from: ewnetu [Visitor]
To all who have negative attitude:

If you are negative and if you look bad in people you get it. Of course, even an angel can not convince otherwise. If you do not feel positive about Ethiopia's progress, stay away from sites which does not support your hatred. Ethiopia's progress hindered in part (I say in part)by some people who do not think about the country but about themselves. They hold back the progress. These people are called nekersa.

I really appreciate Nazret.com for its balanced blogs and postings. It allowed even some express they hatred and one sided view. I know a lot of sites and they try to shove their own or like opinion.

I had the kick out of some postings above. Here is one which contradicted his opinion. "Ethiopia is the second largest recipient of foreign aid in Africa after Egypt. "

Ho does Egypt fit in the context of this article which talked about growth of Ethiopian economy? I rest my case.

Cheers,
PermalinkPermalink 11/19/07 @ 20:15

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msg Comment from: ፊታውራሪ Free [Member]
Mr.Haqu Poletica, please do a favor for yourself
Here, i am talking about an economy that can stand on its own feet, not the 'wofe komech' type you have passionately barged about which primarily needs US's, EU's, IMF's, the Chinese's and numerous other NGOs' 'digoma ena bidir' to survive from the inevitable collapse. When the main and important economical performance counts, i.e. trade and investment, we are dead last, even in one of the most impoverished part of the world, namely East Africa.

My friend, every countries and organizations have a limited resource that must be allocated based on their respective interest thus America's and other's bloody money wont last forever, it will end when we no longer attracts them....it is a short term prosperity that comes from 'shirmutina'....what are you going to do when that day finally arrives, back to 'limena'? (we still are lemagnoch)

Ethiopia needs sustainable development based on trade and investment, Ethiopians need more jobs other than 'wutaderinet ena cadrinet'. Which education and health care system are you talking about anyways, which reliable transportation and information systems? We are still using the same telephone and transportation systems that were built century ago by Minilik. Ethiopians are still dying from easily treatable diseases, we have one of the highest hiv infection rate.

You claim the government is using its 'yelimena' money very wisely, well as far as we know the county's income and expense never been audited. It is true though they have been using it to monopolies the country's inflating market, other than that we don't really know where the millions of dollar is being stashed. For more than 90 percent of the population life is still the same or worse than it was twenty years ago. The only thing they have got from the so called economic development is sharing the burden that comes from the market's more than 20% inflation rate, nothing else! You have a different stroy other than the wasteful and cheap flower industury, please make me happy.

Of course i do hate woyanes who have been undermining my county's integrity and stability, who have been negotiating and brokering power at the cost of Ethiopians' life and the county's long term interest, who have been torturing and killing citizens stay on power, who have brought the cancerous ethnic politics.......you keep on being submissive and conformist, we will keep spreading the "gossip", if it can bring a positive change, why not, though the world has never been built by 'wore', but it never was by the happy naive 'agobidajoch' either who have never contributed an ounce for a better future. At least We understood the first step, that is a firm protest and 'embiy bayinet', which i guess isn't in your blood.

-Hate Woyane!
PermalinkPermalink 11/19/07 @ 20:34

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msg Comment from: Daniel Tekle [Visitor]
ewnetu,

Let me Clarify further in as simple a language as I know.
If a country is a large recepient of foreign aid, that means it is not good. It is a liability on any country's balance sheet.
Exports are good, foreign aid is bad. It cripples the economy..think of it in terms of welfare in America. When you accpet welfare, you become dependent on the govt.
Similarly, foreign aid means the country carries more debt every year.
Therefore, if Ethiopia along with Egypt are the two largest recepients of foreign aid, it means the economy depends on foreign aid. The country and its people are at the mercy of foreigners. If you enjoy reading, please read Mr. Perkins bestseller: Confessions of an economic hit man. What some of us are saying is: There is no real, organic, sustainable growth for Ethiopia to be named a fast growing economy.
The article is pertaining economic growth in Africa and Egypt is in Africa...
Hopefully you understand there is no contradiction.
Daniel Tekle.
PermalinkPermalink 11/19/07 @ 21:08

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msg Comment from: g b [Visitor]
shame on u guys,i just realized almost all of you don't even read the hole thing and miss the point. not only that some of you even start to dream evil like seeing our neighbours migrating to ethiopia looking for work;:)):)):))
my suggestion for u is to read the article again or learn english to better u understand :idea::idea::idea:
be good
PermalinkPermalink 11/19/07 @ 22:18

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msg Comment from: gun [Visitor]
gun doesn't kill people people do.

meaning everything is this world have good and bad side it only depend on how you use them.

You will not stop driving car just because you don't want to have car accident.

You will not stop eating becuase you will not end up fat...

Even Germany in World War II took alot of AID to build their country now look at them they are one of top economy of the world.

At that time most of Easter block refused to take Aid saying they don't want to be dependent of Western nation and look at themm were they end up!

By the way even Japan took the Aid to build their own country... My whole point is Aid have good and bad side it only depend on how you use IT.
PermalinkPermalink 11/20/07 @ 12:48

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msg Comment from: Haqu [Visitor]
Ato Free:

You are a victim of negativist and dark propaganda with pompous knowledge full of pretentions. It is very easy to cut clips of all negative assessments and spread pessimism and gloom about our country. If you really love and you are concerned about your country come and visit the country itself. Go to the countryside and little towns and talk to the ordianry people and see their lives.

Even EPRDF admits that Ethiopia is one of the poorest countries in the world. Nothing to be ashamed of facing the truth. What is a shame is to specialize onself on telling doom and gloom about your country. It is easy to criticise but it is very hard to do something to correct the situation.

You and your colleagues bark like a dog everymorning and scan the world media to get something bad news about Ethiopia and spread it. But, the real Ethiopians are going to their country and sweat and work hard to make a difference in their country's life.

Let me tell you this, regardless of your pessimism, doom prediction and hatred filled with ignorance, Ethiopia is moving forward rather than backward.

This is the first time in our country in at least 30 years that we are seeing the light at the end of the tunnel, unless people like you who are blind and see only the dark. Life is changing in our country for the better, however zig zag, hard and difficult it might be. The youth are mobilized to make a difference in their lives and the life of their country. Those who work hard are optimist about our country. Those who are lazy are pessimists like you are.

Liberate your mind and come to work and make a difference. You are free to criticise the govt. or any one you want but, come and struggle to make a difference. Don't chatter empty words filled by cynysism and hatred.

So long!

Haqu
PermalinkPermalink 11/20/07 @ 13:21

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msg Comment from: ፊታውራሪ Free [Member]
Mr.Haqu,
You did the right choice when you distance yourself from politics, oh gossip, because you are too naive to think and speak of it. You are the fist woyane (a wanna be?) to claim that one freely can criticize the government. Ya right, did you know woyanes are working day and night to block every political websites including this one, and fully controlled the peblic Media to misinform the population? I hope you know it has been months since the free press has been shutdown (Or do you think Ethiopians do not need the "gossip" machine?) My friend, in Ethiopia criticizing the government is a treason, while murdering a mother and high school kids is justified at the permit of his highness Aytey Meles. just read the news about Danael and his colleague, here at Nazret.
I know it is your wish to shutdown every single news outlet in the world other than walta, aiga, fana, etv, dmitsi woyane, Abiotawi democracy. Everybody should listen and read only what the woyane's has to says, lol, dude wake up it is the 21st century.

I am not being a pessimist, just telling you the facts on the ground. Of course, it has been a period of fest for the few elite members of the woyanes who have embezzled the publics money to build their own empire that exploits the country's scarce resource at the cost of millions. Under the divisive woyane government, Ethiopians do not see light at the end of the tunnel, we see an endangered country that is surrounded by both internal and external enemies who are working hard day and night for her final meltdown. May be this is beyond your comprehension, but when a country's educated and trained workforce starts flooding out for a foreign land's dish washing jobs, when a nation becomes the number one orphan exporter in the world, when a country multiplies its problems by the days instead of solving them, when a country's good portion of the population become hopeless who are waiting their death, when a nation's budget becomes mainly dependent on foreign aid, when a government starts undermining a nations interest that is supposed to protect, it is a red sign, danger, darkness, Not a sign of progress as you propagandists call it.
PermalinkPermalink 11/20/07 @ 20:52

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msg Comment from: Haqu [Visitor]
Ato Free: I thought I will conclude my polemics with you. But, this will be an exception. I am not going to respond to your lament on our country's poverty and your dark thoughts. I doubt if you change your shadowed mind.

But, let me briefly comment on the media issues you raised, because it has some valid points. I am for free press and I firmly believe EPRDF should permit free press, regardless of the immaturity and abuse of their right by certain papers and forums.

But, I like to remind you that the media just like the other institutions is not above the law. Even in the matured democratic societies the media is regualted to make sure it is on line to the constitution and law of the country.

If you have a good memory, you may recall the freedom the young Ethiopian press enjoyed (at least in AA and a few other major urban areas) before the historic election of May-2005.

Unfortuatnely, the extremists and selfish power hungry elites of your type wrecked the promise. When a media is destined to spread rumors, divisions, sectarianism and work day and night to create chaos and strife among the population any government (let alone the EPRDF, operating in an unchartered waters of democracy) has a responsibility to curb that "freedom" for the sake of maintaining security, unity, stability, peace and continuity of the nation.

Your leaders were focused on one thing, power at any cost even at the risk of losing precious lives. Besides they were propagating hatred, suspicion and uprising among the most peaceful people of our country. If you call that freedom, my friend, you are dead wrong.

The smart ones who want to grow and survive for the sake of their country are doing farely well even under the most tense and strict situations now under EPRDF. I have full confidence these papers will grow well to be beacons of free press, only if they are free of extremists and have visions, which I think some of them do. If you follow the track like what Nazret.com, the Reporter, Fortune and others, they seem to be on the right direction.

By the way even in the developed countries the relationship of the media and the state is not always friendly. Ethiopia has a very steep curve to climb in that respect. However, if people like you spread hatred, division, and extremism, we may have a long way to go even in that respect.

I hope this helps you to see the other side and clean your clouded mind a little bit.

God help you!

Haqu
PermalinkPermalink 11/21/07 @ 09:50

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