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Ethiopia - Planting the Seeds of Investment | Industry Insights

- A competent and cheap labour force by African standards The country boasts a religious harmony between Christian and Muslim groups, which has been a long historical and cultural tradition of the country. Ethiopia is a venue for numerous conferences and seminars, for the United Nations and other international organisations. It is a home for thriving commercial communities. Growth and Transformation Plan (GTP) With a projected average growth rate of 11.2 per cent, the Ethiopian Government has formulated a five year GTP to maintain this fast growing economy in all sectors. By the end of 2014, the country s installed electricity generating capacity is expected to reach 10,000 MW, rising from the current level of 2000 MW and coverage across up to 75 per cent of the country.

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Ethiopia s debt: an economic and political liability

Ethiopiaâs debt: an economic and political liability May 16, 2021 But the economic headwinds are equally strongâand they have the potential to compound political dilemmas. As part of the state-led developmental project pursued by the Ethiopian Peoplesâ Revolutionary Democratic Front (EPRDF), most intensively after 2010, the governmentÂ invested big, both directly and through state-owned enterprises (SOEs). While the injected capitalâmainly to finance infrastructureâ produced impressive economic growth, the model was heavily reliant on debt. The sustainability of this formula depends both on realizing returns that are higher than the contracted interest rates and securing foreign exchange with which to repay interest and principal.

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THAI Announces Second Quarter Results 2016

THAI and its subsidiaries announced its second quarter results 2016 that had an operating loss at the amount of THB 1,782 million (an improvement from the same period last year by 62.2%). During this quarter, special items were the ongoing Transformation Plan and impairment loss of assets and aircraft that totaled THB 2,300 million with a gain on foreign currency exchange that totaled THB 595 million resulting in the net loss of THB 2,915 million. The continual Transformation Plan generated a positive operating profit for the Group during the first half of 2016 at THB 5,397 million, which indicated an outstanding enhancement compared to last year’s loss of THB 297 million.

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Deciphering Ethiopia s growth and transformation

Deciphering Ethiopia s growth and transformation
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

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UK Finance Confirms Appointment of Matt Hammerstein, Lucy-Marie Hagues, John Hourican, Max Roberts to its Finance Board

UK Finance Confirms Appointment of Matt Hammerstein, Lucy-Marie Hagues, John Hourican, Max Roberts to its Finance Board
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

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