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Ethiopia economy grew 6.1%

Christian Fernsby ▼ | October 19, 2020
Ethiopia's economy grew 6.1% in the 2019/20 fiscal year to July, less than originally projected because of the impact of the coronavirus pandemic, Prime Minister Abiy Ahmed said on Monday.
Abiy Ahmed
Ethiopia   Abiy Ahmed
"For eight months we registered a healthy economic growth but after that, then coronavirus came and for the remaining four months we faced challenges," Abiy told lawmakers.

Topics: Ethiopia

Abiy said inflation had "become very challenging", despite slowing between July and September.