AGP Executive Report
Last update: 2 hours agoEthiopia’s Economic Outlook: Finance Minister Ahmed Shide told lawmakers that coordinated monetary and fiscal reforms are driving strong growth and sharply lower inflation, with the economy projected to expand about 10.2% this fiscal year. Budget Pressure: He also said overall spending will jump next year to about 2.34 trillion birr, mainly to cover costs tied to the Middle East crisis and the Iran war, alongside higher fuel subsidies. Digital Push: PM Abiy Ahmed hailed Ethiopia’s 5 million “Ethiopian Coders” milestone, now at 5,005,146 enrollments, and urged more youth to register for the next push toward 7 million by August. Regional Diplomacy: Nigeria and Ethiopia signed a Transfer of Sentenced Persons Agreement in Addis Ababa to repatriate over 100 prisoners to serve the rest of their terms at home, with four deaths reported during negotiations. Global Humanitarian Context: UNHCR reported 117.8 million people remain forcibly displaced worldwide, even as returns rose in 2025.
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