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Agricultural sector in state of transformation

Published on March 16, 2017

It has been late since Ethiopia turned its face to industrial shift with a prime focus on intensifying the manufacturing sector mainly through diversifying industrial parks as stipulates in the vision 2025.

However, over 80 per cent of its population lives in rural areas and depends on agriculture as their source of livelihood. Although the share of agriculture in the national economy has gone down considerably in recent years, it still contributes above 40 per cent of the national GDP, sources indicated.

Though the sector is still subsistence, efforts to change this reality have, however, picked up pace with the rapid economic development over the last fifteen years and the achievements of the first Growth and Transformation Plan (GTP I). Read more. Source | Ethiopian Herald