At the P4G Vietnam Summit 2025, held under the theme ‘Sustainable and People-Centred Green Transition’, I emphasized three key action points essential for advancing climate action.
First, we must prioritize climate finance by securing adequate, predictable, and sustainable resources. Second, we must significantly increase Africa’s share of global energy investment, from the current 2% to 20% by 2030, to support sustainable development and safeguard the continent’s critical ecosystems.
And, thirdly, urgent measures are needed to protect nature by combating biodiversity loss and land degradation. This includes funding grassroots initiatives like the Green Legacy Initiative and ensuring fair and equitable benefit-sharing mechanisms for local communities.
Prime Minister Abiy Ahmed (PhD), said at the P4G Vietnam Summit 2025
Ethiopia’s reform delivering concrete outcome: DPM Temesgen
Government institutions should intensify efforts to achieve Ethiopia’s national prosperity targets and annual development plans through relentless work. Accountability, collaboration and swift action in the final stretch are essential to accelerate the economic development as well as realize the nation’s ambitious prosperity vision.
Significant progress has been registered across all government sectors during the past nine months of this budget year. The gains registered in macroeconomic reforms and the coordination efforts across sectors are bold during this fiscal year. Our reforms are delivering tangible results, proving the effectiveness of our policies and the resilience of our people.
We need to accelerate our implementation efforts to overcome existing challenges and we must act with urgency to ensure and sustain the achievements and address the challenges.
Temesgen Tiruneh, Deputy Prime Minister of Ethiopia said following the nine-month performance review
Tourism sector shows extraordinary growth this budget year: Minister
During the past nine months of this budget year, Ethiopia’s tourism sector has showed an extraordinary growth. Both conference tourism and destination development shows significant development this budget year.
Tourism sector has received special attention from the government as well as key institutions, which helped the sector to score significant growth. Ethiopia has experienced a surge of local, regional, continental and international events during the past nine month, showing notable growth in conference tourism.
We have hosted more than 60 major conferences during the past nine months. The growth reflects not just event hosting capacity, but also our success in promoting Ethiopia’s image to visitors from around the world.
Selamawit Kassa, Tourism Minister
Ethiopia’s nine-month performance remarkable in major macroeconomic indicators: Minister Tourism sector shows extraordinary growth this budget year: Minister
The nine-month performance of this budget year shows that remarkable achievements have been registered in major macroeconomic indicators.
The achievements registered so far shows significant leaps and the results indicate that the plan to register 8.4 percent economic growth at the end of the year is achievable. Compared to the same period of the previous year, investment to GDP ratio has increased from 20.5 percent to 23.2 percent.
External debt-to-GDP ratio has declined to13.7 percent. Thanks to the comprehensive macroeconomic policy reform, Ethiopia has rescheduled its 3.5 billion USD debt.
Fitsum Assefa (PhD), Planning and Development Minister presenting this budget year’s nine-month macroeconomic performance report
THE ETHIOPIAN HERALD SATURDAY 19 APRIL 2025
