Prime Minister Abiy Ahmed, acclaimed as the reformist, vowed that the country long controlled by a ruling coalition and allied parties will hold free and fair elections in 2020.
DAVOS, Switzerland (Waco Tribune-Herald)―Ethiopia’s reformist prime minister acknowledges that challenges remain “formidable” as the East African power seeks to overhaul its fast-growing economy and open it up to foreign investment.
Prime Minister Abiy Ahmed told the World Economic Forum in Davos that sustaining growth is crucial in a country with 60 million people under age 24. He says it “requires the unleashing of the private sector” and reforming state-owned enterprises including telecoms, railways and more.
He says Ethiopia urgently wants to join the World Trade Organization. He also vowed that the country long controlled by a ruling coalition and allied parties will hold free and fair elections in 2020.
The prime minister urged investors to “seize the day but also trust the future” in a country that, before he took office in April, was rocked by months of anti-government protests.
Ethiopia, he said, had faced the possibility of “state collapse.”
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