Ethiopian PM Says Reforms Will Deliver 3 Million Jobs in 2019-20

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Ethiopian PM Says Reforms Will Deliver 3 Million Jobs in 2019-20
Ethiopian PM Says Reforms Will Deliver 3 Million Jobs in 2019-20

Ethiopia’s Prime Minister Abiy Ahmed plans to double jobs created in 2019-20 as he implements a reform agenda that opens up the economy for more foreign investment.

Africa’s second-most populous nation will probably create 3 million jobs in the year starting July 8 compared with 1.4 million in the previous 12 months, Abiy told lawmakers in the capital, Addis Ababa. Most of the jobs will come from small businesses, he said.

While Ethiopia’s economy is among the world’s fastest-growing, and the government estimates it expanded 9.2% in 2018-19, at least 11 million people, about one-tenth of the population, are unemployed. Some 2 million join the job market every year.

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