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TRILLION BIRR ECONOMY!Confident Meles certain economy can continue to grow

Humbled by an electoral victory beyond his imagination, Prime Minister Meles Zenawi had pledged to revise the budget proposed during the concluding Ethiopian fiscal year to come up with a big surprise that his administration brought to the public in the form of the Growth and Transformation Plan.

 

Projected to have a cost of up to one trillion Birr, a projection still on the drawing board, the administration seeks to either register an annual growth rate of 11pc or, if possible, double the current growth.

 

It would want to meet all the targets listed in the Millennium Development Goals (MDGs); achieve a per capita gross domestic product (GDP) of close to 700 dollars; double agricultural productivity while enhancing the contribution of the manufacturing sector to the GDP; and exponentially expand public spending on infrastructure.

 

Although sceptics call this wishful thinking, Meles appears to take solace in his administration’s legacy of managing the economy over the past five years, under the Plan for Accelerated and Sustained Development to End Poverty (PASDEP). 

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FEATURES & ARTICLES

Comments on the Ethiopian Government Planning Discussion Paper

We thank the Ministry of Finance and Economic Development for sharing its discussion paper and Aiga Forum for presenting it to us. The paper provides good overviews of the next five-year (2003-2007 E.C.) plan and what was achieved by the previous five-year (1998-2002 E.C.) plan. What we can do is take the information in the paper at face value and make a few comments and suggestions for public knowledge and if the government is open for feedback.  I welcome other comments including reactions to my piece here. 

 
The Intellectually Dishonest Lamentation Against “Child Soldiers” In Ghedli

Recently, I read articles at Asmarino.com that attempt to address the existence of alleged “child soldier” in the Eritrean struggle during liberation war against Ethiopia.  They are by Yosief Gherberhiwet (YG), “What the Book of Martyrs Doesn’t Say: Part I” and Part II,  and Zekre Lebona (ZL), “The Eritrean Revolution and Its Child Soldiers”. ZL talks about:

 

 

 

Alleged “child soldier” in Eritrean Ghedli by dressing it, or better yet, cloning it in a Sierra Leon, Uganda, and the Republic of Congo’s context.

Use Dogs of War mercenaries in the case of Biafra, Nigeria, and soldier for hire in Ayanya, south Sudan struggle to create a simile where there is none in Eritrean Ghedli.

Describing an AK47 (Kalashnikov) in terms of “toy like gun” that would attract eight and nine years old boys who could embrace it as such… a toy! Giving a distinct mental picture of the war in the diamond world.

Worst of all… ZL makes no legal, moral, or cultural arguments in advancing the case except repeating the buzz phrase “child soldier” where it fits, and omitting it where it causes a hole in his missing argument…Ethiopia. 

 

AMHARIC NEWS

ከመጪው መስከረም 1 ጀምሮ የአንድ ብር ሣንቲም አገልግሎት ላይ ይውላል

አዲስ አበባ, ነሐሴ 29/2002/የኢትዮጵያ ብሔራዊ ባንክ ከመስከረም 1/2003 . ጀምሮ የአንድ ብር ሣንቲም አገልግሎት ላይ እንደሚያውል አስታወቀ፡፡ የባንኩ ምክትል ገዥ፣ የፋይናንት ተቋማት ሱፐርቪዥን አቶ ጌታሁን ናና እና ቺፍ ኢኮኖሚስትና የሞኒተሪ ስቴብሊቲ ምክትል ገዥ አቶ ዮሐንስ አያሌው ትናንት ለጋዜጠኞች በሰጡት መግለጫ አዲስ የታተመው የአንድ ብር ሣንቲም አሁን አገልግሎት በመስጠት ላይ ካለው የአንድ ብር ኖት ጋር ጐን ለጐን አገልግሎት የሚሰጥ የኢትዮጵያ መንግስት ገንዘብ እንደሆነ አስታውቀዋል፡፡

ከአገሪቱ የኢኮኖሚ እድገት ጋር ተያይዞ በኢኮኖሚው ውስጥ ባሉ የተለያዩ ተዋንያን የሚንቀሳቀሰው የገንዘብ መጠን እየጨመረ ከመሄዱም በላይ ልውውጡም በፍጥነት አብሮ እያደገ መምጣቱን ምክትል ገዥዎቹ ገልጸዋል፡፡

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