Ethiopian economy to expand at least 7.5% in 2022/23 – PM Abiy

NAIROBI (Reuters) – Ethiopia’s economy is expected to grow by at least 7.5% in the year to July 2023, up from 6.4% last year, Prime Minister Abiy Ahmed told the country’s parliament on Tuesday.

The nation of 115 million has been one of the world’s fastest-growing economies in the past 15 years, boosted by heavy infrastructure investment, but the COVID-19 pandemic and a conflict in the Tigray region slowed expansion in the past two years.

(Writing by Tommy Reggiori Wilkes; Editing by Alexander Winning)

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