Economy
Ethiopia's Reforms Spark Calls for Stronger Executive Oversight
BirrMetrics · 4 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
As Ethiopia advances major economic reforms, Parliament faces growing pressure to scrutinize the executive and protect ordinary households from mounting living costs.
- Ethiopia's economic reform programme includes exchange-rate liberalisation, tax adjustments, monetary tightening, and public debt restructuring.
- The International Monetary Fund projects Ethiopia's economic growth at 9.2 percent in 2026.
- Article 55 of the Ethiopian Constitution gives the House of Peoples' Representatives the authority to summon and question federal officials, investigate executive conduct, and scrutinise government responsibilities.
- On October 13, Parliament unanimously approved a 145.8 million US dollars concessional loan for power-sector modernisation.
- Parliament is urged to demand a comprehensive public account of how economic reforms have affected real incomes, household expenditures, employment, savings, and access to essential services since July 2024.
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