Regulatory Alerts2016-11-01
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Annual Report 2015-2016
The National Bank of Ethiopia issued its 2015/16 Annual Report, detailing an 8 percent real GDP growth driven by services and industrial sector expansion. The publication outlines key macroeconomic shifts, including a 20.6 percent industrial growth rate, a 47.3 percent service sector GDP share, and a 2.3 percent agricultural slowdown caused by grain crop contractions. It further highlights substantial infrastructure investments, particularly a 21.8 percent increase in road funding alongside expanded micro and small enterprise credit disbursement.
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