Ethiopia Premier Sees State-Asset Sales Boosting Economic Growth

By David Malingha, 23 January 2019
(Bloomberg) --
Ethiopia’s planned sale of state-owned assets will help expand an economy that’s expected to be among the world’s fastest-growing over the next three years, Prime Minister Abiy Ahmed said.
The government has outlined proposals to sell stakes in companies including Ethiopian Airlines Enterprise and Ethio Telecom. The planned disposals are part of a strategy to attract investment to an economy that credit-ratings companies forecast will grow an annual average of more than 8 percent through 2021, Abiy said at the World Economic Forum in Davos on Wednesday.
--With assistance from Nizar Manek.
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