Premier meets with private sector

Addis Ababa, April 16, 2018 (FBC) –Prime Minister Dr Abiy Ahmed today met with the private sector at the Sheraton Addis.

The Premier on the occasion said the government will work to address the bottlenecks regarding legal and operational issues facing the private sector.

The challenges should not be shouldered only by the government but the private sector is also expected to play its part to overcome the problems, he said.

He pledged to provide the necessary support for the sector since it is an engine for the economy of the country.

Responding to question regarding shortage of foreign currency, the Premier indicated that the current shortage of foreign currency may continue to be a challenge over the coming years.

He also appealed to the business community to retrieve the money they have deposited in foreign countries.

He further said efforts will be made to ease the shortage by taking various measures.

Among the measures include, reducing unnecessary foreign trips by government officials and closing avenues of illicit financial outflow.

PM Dr Abiy said the government will work to address problems of management skills, enhance productivity and market competitiveness of agricultural products.

The Premier urged the private sector to work in partnership with the government in addressing youth unemployment.

During the event, Engineer Melaku Azezew, President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), presented a research paper on challenges facing the private.

The Premier yesterday addressed a gathering of 25,000 members of the society drawn from all parts of the country at the Addis Ababa Millennium Hall.

Translated and posted by Amare Asrat