Government Working to Reinvigorate Economy by Undertaking Various Economic Activities

Addis Ababa December 30/2023 (ENA)   The Government of Ethiopia is carrying out several development projects to stimulate the economy, according to the Government Communication Service. 

Government Communication Service Minister Legesse Tulu told the media today that among the various economic measures being taken by the government includes enhancing agricultural production and productivity.

He stated that enhancing agricultural production and productivity in quality and quantity through modernizing the sector in technology and mechanization is the main priority.  

According to him, crop harvesting in almost all parts of the country is approaching and preparation for cultivation in the upcoming rainy season has been underway.

The Bounty of Basket, an initiative of PM Abiy that aims at ensuring food security through urban agriculture and other activities is underway in all regions of the country. 

In areas where agricultural activities started like in Oromia, Somali and Afar regions, millions of hectare of lands are covered with crops, according to the minister. 

Legesse said the expansion of summer irrigation works will continue to be strengthened in order to ensure healthy economic growth.

Various mega projects, urban development and road infrastructure projects, including power generating dams, among others, have also been under construction with speed and quality, he noted.

Over 20 irrigation projects with potential of developing 50,000-80,000 hectare lands are being built by the federal government, the minister revealed.    

Moreover, Sheger Riverside project and Entoto Park, Unity Park, Friendship Park, and Meskel Square --- all initiatives of Prime Minister Abiy Ahmed, have become operational and are expected to generate additional income and revive the tourism industry. 

These projects are not only playing important role in changing the appearance of the city and the environment but also stimulating the national economy, the minister noted.

He further pointed out that the renovation of Ethiopian historical and cultural heritages as well as the tourist destinations being built in the country would create conducive environment for reviving of the economy.