OPINION
By and large, Ethiopia recorded 17 years of economic stagnation under the leadership of the Dergue, a military government.
For example, in 1990/91, the growth rate of the Ethiopian gross domestic product (GDP) was negative 3.2pc, whereas cyclical unemployment was about 12pc, the rate of inflation was about 21pc, and the country's budget was at a deficit of 29pc of GDP.
For the last five years, Ethiopia has gathered momentum by recording steady economic growth. Along with this growth, however, the country has seen an accelerated, double-digit increase in the price of goods and services.
The very common way that the EPRDF and its agents try to shift the public attention from lack of human and democratic rights and the daylight looting of the country's resources, is by referring to the 'impressive' economic development registered in their rule. If they are talking about the only region that they are exclusively devoted to developing, then, they are absolutely right.
Source: AllAfrica
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