The government of Ethiopia is seeking to drop the poverty rate in the country to 19% of the total population over the next ten years. The information was reported by Fitsum Assefa Adela (pictured), the Minister for Planning and Development.
In an interview with the Ethiopian News Agency, the official said that poverty reduction is one of the main priorities of Ethiopia's first-ever 10-year Perspective Development Plan, which is to be implemented from July 2020 to 2030, in line with the sustainable development goals.
“When we make efforts to achieve the goals on our national plan, we will simultaneously be achieving the Sustainable Development Goals,” Fitsum Assefa Adela said.
“The fast growth we registered during GTPs I and II (growth transformation plan, ed) has helped us cut poverty by half. As a result, we have now about 25 million, which is one-fourth of our population, under poverty. So poverty reduction will continue to be the priority in the coming planning period,” she added.
According to the minister, one of the changes to be made over the next ten years will be to not measure poverty solely by consumption as before, but by multidimensional poverty, so that “this poverty should be slashed, if not eliminated 100 percent.”
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
A Chinese bank has reportedly pledged $500M to the project, joining the AfDB's similar commitment as global investor interest...
(IMC MAROC)-The Morocco International Mining Congress (IMC 2025) officially opened yesterday, initiating two days of strategic dialogue, ministerial...
Benin hosted the first Regional Summit on Digital Transformation in West and Central Africa, gathering officials from about 20 countries to discuss issues...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of experience in the West African financial system,...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...