Workers sew clothes inside the Indochine Apparel PLC textile factory in Hawassa Industrial Park in Southern Nations, Nationalities and Peoples region

Ethiopia's economy seen expanding at 9.2% in 2019/20 FY

ADDIS ABABA (Reuters) - Ethiopia's economy is projected to expand at 9.2% in 2019/2020 fiscal year, up from a growth rate of 7.7% in previous year, according to the prime minister, Abiy Ahmed.

"The economy will grow by 9.2% for the coming financial year," Abiy said while addressing parliament on Monday.

(Reporting by Dawit Endeshaw; Writing by Elias Biryabarema; Editing by Toby Chopra)

2019-07-01 10:12:23

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.