Ethiopia Sets up Independent Private Sector Advisory Council

Ethiopia has established an independent private sector advisory council, hoping to elevate the involvement of the private sector in the economy. The council has twelve members.

Fitsum Assefa (Ph.D.), Commissioner of Ethiopia's Planning and Development Commission, commenting on the establishment of the council, said the move is part and parcel of the Ethiopian government's attention to the private sector in the home-grown economic reform agenda.

The ten-year perspective development plan will be announced soon, and it will require the real involvement of the private sector, she pointed out.

Pledging the continued support of the government to the private sector, the Commissioner added, the previous working system will no longer continue and the rule of law will be ensured while fulfilling demands for infrastructure.

Source: FBC


Exchange Rates

USD 32.8656  32.2212 
GBP 40.3570  39.5657 
EUR 35.4521  34.7570 
CHF 31.9067  31.2811 
CAD 22.4276  21.9878 
AED 8.0976  7.9388