Ethiopia is entering a pivotal new chapter in its national development narrative — one defined by bold vision, transformative infrastructure, and an unwavering commitment to inclusive prosperity. Across sectors, the country is not only signaling potential but actively delivering measurable results. The strategic initiatives championed by the government under the leadership of Prime Minister Abiy Ahmed are driving an era of dynamic progress that positions Ethiopia as a model of growth and resilience in the Horn of Africa.
One of the most iconic achievements in this journey is the successful completion of the Grand Ethiopian Renaissance Dam (GERD). Constructed on the Abbay River, GERD is more than a national milestone — it is a regional symbol of cooperation and shared progress. As a major energy infrastructure project, the dam is reinforcing Ethiopia’s energy security while offering the potential to support neighboring countries through power exports. GERD represents a forward-looking development model that balances national interests with regional integration.
In parallel, the tourism sector is gaining remarkable momentum. Guided personally by Prime Minister Abiy Ahmed, numerous new tourist destinations have been launched across the country. From rejuvenated historical landmarks to awe-inspiring natural sites, Ethiopia is leveraging its rich cultural and ecological assets to draw international attention. The expansion of tourism infrastructure is not only enhancing visitor experience but also stimulating economic growth, generating foreign exchange, and fostering community-level development and cultural pride.
Another landmark achievement in Ethiopia’s growth trajectory is the historic rise of its national budget. For the 2025/26 (2018 E.C.) fiscal year, the federal budget has reached 1.93 trillion Birr, marking a 34.4% increase from the previous year’s allocation of 971 billion Birr. This substantial fiscal growth reflects the nation’s strengthened economic base and enhanced capacity to mobilize and deploy resources. The increased budget allows for deeper investment in key sectors such as public services, education, healthcare and infrastructure — all vital foundations for long-term national advancement.
On the economic front, Ethiopia’s export sector is witnessing a robust surge. Driven by improved logistics, diversified products and better market access, both the volume and value of exports have grown significantly. This expansion is strengthening the country’s foreign currency reserves and increasing its presence in the global marketplace. These are essential components of sustainable economic development and self-reliance.
Urban transformation is also unfolding at an unprecedented scale. The corridor development program, initially launched in Addis Ababa, has now expanded to over 40 towns nationwide. These urban corridors are redefining the physical and economic landscape of towns by introducing modern infrastructure, clean energy systems and efficient transportation networks. In doing so, they are raising living standards, creating employment opportunities, and invigorating local economies — clear markers of a country steadily moving forward.
Moreover, Ethiopia is progressing with several large-scale development mega projects that are reshaping the national economy. From industrial parks and transport corridors to digital infrastructure and expanded education and health facilities, these projects reflect a long-term vision anchored in inclusive, knowledge-based, and sustainable growth. They are designed to unlock the potential of all citizens and ensure that no region is left behind.
In all these efforts, one principle remains central: prosperity for all. Ethiopia’s ongoing progress is not the product of chance, but of deliberate planning, strong leadership, and deep-rooted national determination. Though challenges persist, the path is clear and the direction is promising. Ethiopia is excelling in national growth, steadily laying the groundwork for a future that is bright, equitable, and within reach.
Indeed, Ethiopia is on the right track — a path carved by purpose, guided by vision, and destined for lasting prosperity.
THE ETHIOPIAN HERALD SUNDAY EDITION 13, July 2025
