Regulatory Alerts2014-11-01
National Bank of Ethiopia Annual Report 2013/2014
The National Bank of Ethiopia issued its 2013/14 Annual Report detailing a robust 10.3 percent real GDP growth driven primarily by the services, agriculture, and industrial sectors. The document outlines significant macroeconomic improvements, including a rise in domestic savings to 22.5 percent of GDP, expanded micro and small enterprise job creation exceeding two million positions, and enhanced national water access reaching 76.7 percent. Furthermore, it highlights substantial infrastructure investments that expanded the road network to nearly 100,000 kilometers and increased capital formation to 40.3 percent of GDP in alignment with the national Growth and Transformation Plan.
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