Upon presenting his management performance report for the 2015 fiscal year (Ethiopian calendar) during the 28th regular session of the House of Peoples’ Representatives (Parliament), Ahmed warned that the current global economy is in suspension between hope and crisis.

“The International Monetary Fund forecasts a decrease in global economic growth. Ethiopia’s economy needs to be reviewed within this context,” the prime minister stressed as he highlighted the progress of the local agricultural sector, with an expected growth of 6.3 percent.

He recalled the progress in wheat crop, of which Addis Ababa is already an exporter, rice crop, and other activities, such as poultry farming at the household level and fruit farming which have had considerable growth.

He informed the parliamentarians that the economy expects to grow by 7.5 percent in the upcoming fiscal year, adding that the industry and service sectors have also seen remarkable improvements.

The agenda of the 28th ordinary session of the Parliament included, consultations with Ahmed on efforts to ensure peace and stability in the country and Ethiopia’s diplomatic relations with neighboring countries.

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