The government's long-term economic development strategy – Agricultural-Development-Led-Industrialization (ADLI) – is geared to the transformation of the economic structure. The strategy involves an export-led external sector, and internal emphasis on agriculture to supply commodities for exports, domestic food supply, and industrial output, and expand markets for domestic manufacturing. The development strategy is supported by an economic reform program developed in cooperation with the World Bank and the International Monetary Fund (IMF) and by a series of structural adjustment programmes. There have been major gains from the reform programme, and from the liberalization of the economy, including low inflation, fiscal discipline and low government borrowing, infrastructure improvement and the growth of the private sector after a privatization program was initiated in 1995 under which a majority of former government-owned firms have been denationalized.
Ethiopian prime minister, Abiy Ahmed has continued his country tour, visiting the capital of the Tigray regional state, where he addressed war veterans and members of the community. The reformist leader who has visited the restive Oromiya and Somali regions and met with opposition leaders since taking office on April 2, is hoping to quell protests that have rocked the country and mobilise support for democratic reforms. Welcomed by the Tigray president, Dr. Debretsion Gebremichael, Abiy visited the Martyrs Monument in Mekelle, before addressing a public gathering at the Martyrs Hall in the Tigray capital. displayAdvert("mpu_3") Sources from the gathering said the premier addressed issues raised by the public that included free movement of citizens, infrastructure development and the Ethio-Eritrea conflict. Ethiopia is currently under a state of emergency that was declared after the former prime minister Hailemariam Desalegn resigned in February. Raised issues: big dams, railroad project, mekelle water problem, support to private sector, loan for investment, export support from national bank, tourism, public meter taxi for Mekelle, short lease proclamation for agriculture; public discussion with the PM Abiy Ahmed #Mekelle pic.twitter.com/2SRwcdkwSK— Kindeya G.hiwot, PhD (@DrKindeya) April 13, 2018 A delegation led by PM Abiy Ahmed at