Addis Ababa, April 14, 2025 (FMC) – Ethiopia’s Deputy Prime Minister Temesgen Truneh has called for unwavering institutional commitment to national development objectives as the government begins evaluating its 100-day reform plans and the economic performance of public institutions.
In a message shared on his official social media page this morning, Mr. Temesgen announced the start of a comprehensive performance review with senior officials from various government agencies and institutions. The assessment covers the major economic outcomes achieved during the past nine months of the 2024/25 (2017) Ethiopian fiscal year.
“Our institutions must work tirelessly—day in and day out—to meet the goals we’ve set for our national prosperity and annual plans,” he stated.
The Deputy Prime Minister pointed to real progress achieved in multiple sectors, attributing the gains to bold and comprehensive macroeconomic reforms. He emphasized that the results are a testament to both effective policy and the resilience of the Ethiopian people.
“These achievements reflect not only sound policy but the resilience and potential of our people—and the capacity of government to serve them well,” he noted.
Mr. Temesgen also underscored the importance of maintaining momentum as the fiscal year approaches its final quarter. He urged all institutions to act with urgency and clarity to fulfill the commitments made to the public.
The ongoing review process is expected to identify areas for improvement and guide the next phase of implementation as Ethiopia continues to push forward with its economic reform agenda.
Recall that Prime Minister Abiy Ahmed officially commenced performance review on April 12, 2025, with the presence of his ministerial cabinet. The ministerial review assessed macroeconomic progress and key parameters, highlighting the positive effects of reforms and the performance of economic reforms and key projects. It was indicated that the government projects an economic growth rate of 8.45 percent for the coming year, with anticipated improvements in government revenue, investments, and competitiveness of state-owned enterprises.
The ministerial review also indicated that the construction of Grand Ethiopian Renaissance Dam (GERD) has now reached 98.66% completion. The review also noted that the country’s external debt-to-GDP ratio has significantly declined, currently standing at 13.7%, owing to the implementation of comprehensive macroeconomic reforms.