Addis Ababa: Leaders of Political parties in Ethiopia have pledged their support for the government’s ongoing macroeconomic reforms, aimed at stabilizing the economy and promoting sustainable development.
The leaders of the parties met with the Minister of Planning and Development, Fitsm Asefa and discussed the progress and objectives of the macroeconomic reforms.
On the occasion, Fitsum highlighted the positive results achieved so far, including increased foreign exchange reserves, higher export earnings, and improved sector productivity.
The government has allocated significant resources to mitigate the impact of reforms on citizens, particularly through subsidies for essential goods like fuel, fertilizer, and medicines.
The government has collected 180.3 billion birr in tax revenue over the past three months, exceeding the same period of the previous fiscal year by 71 billion birr.
This achievement is attributed to comprehensive macroeconomic reforms aimed at establishing a stable economic environment
, she said.
The minister emphasized the importance of political-economic cooperation for the success of the reforms.
“By working together, we can build a stable macroeconomic foundation and ensure a prosperous future for Ethiopia,” she stated.
The leaders of the political parties expressed their commitment to supporting the government’s efforts.
“Economic development is a long-term endeavor that requires sustained growth,” head of the Democratic Culture at the Prosperity Party and Vice President of the Joint Council of Ethiopian Political Parties, Melese Alemu said, adding “We are united in our goal of building a stronger and more resilient nation.”
The Joint Council of Ethiopian Political Parties, which represents a diverse range of political viewpoints, also endorsed the reforms.
“These reforms are essential for the well-being of all Ethiopians,” said Desta Dinka, the Council’s Chairman.
The parties agreed to monitor the implementation of the reforms closely and to provide constructive feedback to th
e government.
They also pledged to play their respective roles in promoting economic growth and stability.
They emphasized the importance of government oversight and corrective measures to guarantee the successful implementation of the macroeconomic reforms and confirmed their readiness to play their part.
Source: Ethiopian News Agency
