ADDIS ABABA: Ethiopia, whose economy is one of the fastest growing in the world, needs to encourage private sector investment to sustain its rapid expansion, the International Monetary Fund said.
Hefty state-led investment has kept the economy of Africa's second most populous nation growing at more than 8 percent a year for over a decade, but economists say Ethiopia's rulers need to relax their grip and give room for more private enterprise to maintain momentum.
Foreign invest ..
Hefty state-led investment has kept the economy of Africa's second most populous nation growing at more than 8 percent a year for over a decade, but economists say Ethiopia's rulers need to relax their grip and give room for more private enterprise to maintain momentum.
Foreign invest ..
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