|
Written by Gezaheng
|
|
Ethiopia's economy is highly dependent on external assistance and borrowing. The income thus obtained is very important, especially in the financial sector.
|
|
Read more...
|
|
|
Written by Gezaheng
|
|
15% of Ethiopia's GDP is obtained from exports. The export is dominated by few commodities, such as coffee, chat (mild stimulant), hides, and skins.
|
|
Read more...
|
|
|
Written by Gezaheng
|
|
Poverty is pervasive in Ethiopia, and nearly half of the country's people live below the poverty line. |
|
Read more...
|
|
|
Written by Gezaheng
|
|
For nearly two decades, the exchange rate was fixed at 2.07 birr to the U.S. dollar. Early in the first years of the present regime... |
|
Read more...
|
|
|
Written by Gezaheng
|
|
Except for the two years of conflict with Eritrea, investment has been rising since the fall of the military government and the introduction of a free-market economy. |
|
Read more...
|
|
|
Written by Gezaheng
|
|
Ethiopia's economy is largely based on agriculture, which is undertaken with a primitive farming system, mostly for subsistence. |
|
Read more...
|
|
|
