Ethiopia Sees No Need for Food Aid Within 5 Years

    A new development plan may help Ethiopia do away with food aid within five years. Photo by: Noemi GRYCZKO / CC BY Noemi GRYCZKOCC BY

    A new development plan may help Ethiopia do away with food aid within five years, Prime Minister Meles Zenawi said.

    The African nation’s new five-year plan predicts a “base-case” scenario of 11 percent average growth and a “high-case” scenario of 14.9 percent average growth. Ethiopia is also eyeing foreign investments from China, India and Turkey, as well as the tourism sector, Angop reports.

    The country received USD3.3 billion in aid in 2008, according to the Organization for Economic Cooperation and Development.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.