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Ethiopia’s economy projected to grow 8.7% in 2021/22

Ethiopia’s economy is expected to expand by 8.7 per cent in the 2021/22 fiscal year, more than the 8.5 per cent previously forecast, according to the budget speech read on Tuesday. It comes as the country announces it will spend $12.95 billion in the same fiscal year. Zemedeneh Negatu, Global Chairman, Fairfax Africa Fund, spoke to CNBC Africa’s Julius Bizimungu for more.

Thu, 17 Jun 2021 10:14:21 GMT

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