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Ethiopia - 2013 - Country Profile - Partnering for Inclusive Growth
I seize this opportunity to commend the Government and people of Ethiopia for the socio-economic progress that has been achieved over the past decade. Ethiopia’s impressive economic growth, especially for a non-oil producing economy, is a reflection of the committed leadership, its pro-poor stance and transformational policies.
At an annual average rate of 11 percent over the past nine years, Ethiopia is one of the fastest growing economies in the world. It has also emerged as the largest in Eastern Africa. This remarkable progress has put the country among the few that are on track to achieve many of the targets set for the Millennium Development Goal.
The African Development Bank is proud of the strong partnership that it has forged with the Government of Ethiopia. We have always attached great importance to our relations, which is marked by frank dialogue, strategic selectivity and a strong focus on results. Ethiopia has also distinguished itself as always being at the forefront among our Regional Member Countries (RMCs) in supporting key Bank initiatives.