Economics
Ethiopia Returns to Double-Digit Economic Growth
- Central bank forecasts expansion of 10.8% in year ending July
- Current-account gap narrowed to $4.5 billion last fiscal year
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Ethiopia forecasts economic growth will accelerate to 10.8% for the fiscal year ending in July underpinned by its reforms, from 9% in the previous year, according to the National Bank of Ethiopia.