Ethiopia energy sector overview the government of ethiopia, under its latest growth and transformation plan gtp, envisions transitioning from a developing country to a middleincome country by 2025. One related element is intended to include a rail link to addis ababa. Economist and cottl, mesfin girma economist and cottl, ruth hill sr. Thus, gtp ii is primarily considered to be an important milestone towards. The major objective of gptii is to serve as a springboard towards realizing the national vision of becoming a low middleincome country by 2025, through sustaining the rapid, broadbased, and inclusive economic growth, which accelerates economic transformation and the journey towards the country.
The completion report cr of the ethiopia 2011 2015 csp, endorsed by the boards committee on development effectiveness in october 2015, confirmed that bank operations have been well aligned to gtp i and instrumental in contributing to the country meeting gtp i targets. The gross domestic product gdp in ethiopia was worth 94 billion us dollars in 2019, according to official data from the world bank and projections from trading economics. While the strategy has contributed to robust economic growth in the. Federal democratic republic of ethiopia green growth knowledge. The planned significant domestic financing of the gtp could result in a deceleration of mediumterm growth and a buildup of vulnerabilities absent the necessary policy adjustments.
To ensure that all ethiopians are able to find employment and contribute to the national economy, the gtp has set the following targets. Assessment of the role of private sector plays in gtp ii. A low inflation environment is important to keep real wages stable and ensure that returns on edu. Ethiopia growth and transformation plan i green growth. Recently, the national plan commission has presented a medium term performance evaluation of ethiopias second five year growth and transformation plan. The government set out its objectives in the growth and transformation plan gtp i and ii whose main goal is for ethiopia to become a lower middleincome. Ethiopia has previously submitted periodic national reports on the implementation of the beijing declaration and platform for action in 1999, 2004, 2009 and 2014 that highlighted the progress and achievements recorded as well as the gaps and limitations encountered. The second growth and transformation plan gtp ii has set out an objective to achieve an annual average real gdp growth rate of 11percent per annum with in a stable macroeconomic environment. Accordingly, implementation of sdgs has been and is well in progress in ethiopia. Ethiopia pursues a public sectorled growth strategy that focuses on promoting growth through high public investment supported partly by low nominal interest rates. The world bank public disclosure authorized ethiopia growth. Thus, gtp ii is primarily considered to be an important milestone. The ongoing second growth and transformation plan gtp ii of ethiopia, and its industrial development strategy are all centered agriculturalbased, manufacturing sectordriven and exportled development.
The gtp pursued the growth through the exportdriven industrialization. Growth and transformation plan ii gtp ii is ethiopia s fiveyear development plan for 20152020. As compared to the average ssa countries, ethiopia economic growth9 was twice higher than ssa countries. Status of structural transformation in ethiopia prospects and challenges of structural transformation in ethiopia. For each deliverable, annual targets and quarterly milestones are established, which form the basis for monitoring. Gtp i aims to sustain rapid and broadbased growth path witnessed during the past several years and eventually end poverty and also achieve the millennium development goals in ethiopia by 2015 mofed 2010. Growth and transformation plan ii gtp ii 201516201920. Under the second growth and transformation plan gtp ii and health system transformation plan, the. The ethiopian fiscal years for the gtp are equivalent to the. The document outlines the main objectives, strategies, and targets for the fiveyear period, as well as providing details on specific sectors. Pdf comparative analysis for the sdprp, pasdep and gtp.
The plan envisions transforming the ethiopian economy into a lower middle income category by 2025. During 201112, ethiopias economy, as measured by gross domestic product gdp grew by 8. Challenges of the ethiopian manufacturing sector under the gtp ii. Home investment opportunitiespriority sectors industrial policy.
Roadmaps for growth and transformation technical report pdf available august 2015 with 2,148 reads how we measure reads. As the gtp is in the preparation process, it has been passing through an extensive process of consultation with citizens, the private. The growth and transformation plan gtp is a national fiveyear plan created by the ethiopian government to improve the countrys economy by achieving a projected gross domestic product gdp growth of 1115% per year from 2010 to 2015. Ethiopia s growth and transformation plan gtp ataglance overview ambitious fiveyear growth plan, with projected gross domestic product gdp growth of 1115% per year from 2010 through 2015. Ethiopias growth and transformation plan gtp ataglance photos. The major objective of gtp ii is to serve as a spring board towards realizing the national vision of becoming a low middleincome country by 2025, through sustaining the rapid, broad based and inclusive economic growth, which accelerates economic transformation and the journey towards the countrys renascence. Comparative analysis for the sdprp, pasdep and gtp of the fdr of ethiopia. Other risks arise from the uncertain prospects for the global economy, which could affect the gtp objectives. Seid nuru ali prospects and challenges of structural transformation in ethiopia. Though outside the gtp, ethiopia may also benefit from the proposed rail and road links linking the planned multibillion port project and oil refinery at lamu in kenya to south sudan, passing through ethiopia, the lamu port south sudan ethiopian transport corridor lapsset. Assessing the performance of gtp i and re ecting on gtp ii. The performances and challenges of growth and transformation.
Growth and transformation plan gtp 201011201415 draft. Pdf comparative analysis for the sdprp, pasdep and gtp of. Yet, ethiopia needs to do more to achieve its vision of climate. This disambiguation page lists articles associated with the title gtp. Easing of restrictions on private banks would also help promote financial deepening and. The major objective of gptii is to serve as a springboard. This document describes ethiopias growth and transformation plan gtp, a medium term strategic framework for the fiveyear period 201011201415. Prospects and challenges of structural transformation in. Federal democratic republic of ethiopia growth and transformation plan ii gtp. Gtp2 has 5 high level objectives for agriculture 4. View growth and transformation plan ii 201516201920. Growth and transformation plan ii gtp ii 2015162019. First of all, our experiences over the past ten years tells that, despite the sector level growth, the much needed structural transformation has never even showed a sign of change. Challenges of the ethiopian manufacturing sector under the.
Country brief ethiopia global partnership for effective. Gtp targets set for 201415, and thereby aims to provide insight into the possibilities and challenges in terms of achieving the gtp goals. Ethiopia growth and transformation plan ii gtp ii green. Increase crop and livestock production and productivity enhance. Ethiopias growth and transformation plan gtp ataglance overview ambitious fiveyear growth plan, with projected gross domestic product gdp growth of 1115% per year from 2010 through 2015. Lanterns 40000 shs potential 1,350 gw current 324 mw gtpii 1520mw potential 10,000 mw current gtp ii plan by2020 1270mw.
The major objective of gptii is to serve as a springboard towards realizing the national vision of becoming a low middleincome country by 2025, through sustaining the rapid, broadbased, and inclusive economic growth, which accelerates economic transformation and the journey. The federal ministry of health fmoh of ethiopia availed a comprehensive wellarticulated health sector strategic plan hsdp iv 2010 2015 to guide the health programs aligned with the national growth and transformation plan i gtp i that was effective in attaining the national goals and mdg targets. The contribution of the population,health and environment integration approach 3 than 15 years old and each year an additional 1. In response to the invitation made by the united nations economic and social council unecosoc to the federal democratic republic of ethiopia fdre in august 2016 to engage in the 2017 voluntary national. Official pdf, 42 pages world bank documents world bank group. Growth and transformation plan ii united nations in ethiopia. As the gtp is in the preparation process, it has been passing through an extensive process of. Over the last twelve years, the country has achieved. Federal democratic republic of ethiopia growth and transformation. The agricultural transformation agenda ata and its role the details of the agricultural transformation agenda, an example 1 2 3. Assessing the performance of gtp i and re ecting on gtp ii seid nuru ali ethiopian economics association ethiopian economic policy research institute october 3, 2015 addis ababa. Growth and transformation plan ii gtp ii is ethiopias fiveyear development plan for 20152020. Alignment with national policies 4 the agricultural transformation agenda supports implementation of key. Gggi country planning framework 2016 2020 ethiopia 4 the economic growth of the federal democratic republic of ethiopia fdre, coupled with its large population and significant land mass, has attracted the attention of the international community.
Ethiopias ability to achieve this ambitious goal in such key sectors as agriculture and industry is significantly. Ethiopias public sectorled development strategy has contributed to considerable poverty reduction and progress toward achieving the millennium development goals mdgs as envisaged under the authorities growth and transformation plan gtp. Goe government of ethiopia gtp growth and transformation plan. Even during the gtp i period the average economic growth in ethiopia was 10. Ethiopia has registered broadbasedrapid economic growth that puts it as one of the fastest global growing economies in the world. These efforts helped gtp i performance to take ethiopia to a new height. Comparative analysis for the sdprp, pasdep and gtp of the fdr of ethiopia article pdf available november 2015 with 7,823 reads how we measure reads. This document describes ethiopia s growth and transformation plan gtp, a medium term strategic framework for the fiveyear period 201011201415. Phe approach the population, health and environment phe approach recognizes the interconnected nature of the challenges communities face and works to support communities to overcome these challenges at the same time, leading. Ethiopia meet the objectives of the gtp and ensure that ethiopia is on the path to become a middle income country. Ethiopia growth and transformation plan ii gtp ii green growth.
Preliminary gender profile of ethiopia 7 acknowledgements ethiopia is one of the 16 countries implementing the global financing for gender equality programme whose main objective is to increase the volume and effective use of aid and domestic resources to implement national commitments to gender equality and womens empowerment gewe. Ethiopias growth and transformation plan gtp ataglance. If an internal link led you here, you may wish to change the link to point directly to the intended article. The growth and transformation plan i gtp is a national fiveyear development plan created by the government of ethiopia to improve the countrys economic wellbeing and work towards eradicating poverty.
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