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The Ethiopian Privatization Program



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Since the beginning of the 1980s, privatization has become a surge rather than a choice to Africa whereby its rejection has been deemed as infringement and anachronism no matter how immature the essential economic and social preconditions and inept the host governments bureaucratic institutions have been. In simple terms, privatization,like other impositions, has become a serious challenge due to the bullying nature of the international financial institutions/donor countries. Impossible to ignore, however, is that Ethiopia has unwaveringly stood against some of the tenets of privatization despite the West's stringent preconditions for aid, assistance and loans. This book, therefore, provides a clear picture of the challenges, achievements and weaknesses of the Ethiopian privatization program in terms of transparency, valuation, proceeds, FDI, pace and sequence, retrenchment, etc. The ideas are important to the IFIs, and to organizations committed to employees' purposes and development issues.






Since the beginning of the 1980s, privatization has become a surge rather than a choice to Africa whereby its rejection has been deemed as infringement and anachronism no matter how immature the essential economic and social preconditions and inept the host governments bureaucratic institutions have been. In simple terms, privatization,like other impositions, has become a serious challenge due to the bullying nature of the international financial institutions/donor countries. Impossible to ignore, however, is that Ethiopia has unwaveringly stood against some of the tenets of privatization despite the West's stringent preconditions for aid, assistance and loans. This book, therefore, provides a clear picture of the challenges, achievements and weaknesses of the Ethiopian privatization program in terms of transparency, valuation, proceeds, FDI, pace and sequence, retrenchment, etc. The ideas are important to the IFIs, and to organizations committed to employees' purposes and development issues.


To support this expansion program the Ethiopian government is assessing restructuring options including contacting out management and operations public private partnerships and full or partial privatization for sugar factories currently owned by the Ethiopian sugar corporation. Ethiopia Opens Door to the World With Unprecedented Privatization Plan . Ethiopia to finalize foreign investment framework for aviation energy and . Economic policy According to the IMF Ethiopia was one of the fastest growing economies in the world registering over 10 economic growth from 2004 through 2000. by J Selvam 2008 Cited by 5 Ethiopia after two decades of communism has implemented the privatization program as one of the economic reform measures targeting sustainable economic .


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201614  The Ethiopian Privatization Agency started to implement its program first by privatizing small retail trade outlets and hotels as well as smallscale manufacturing and agroprocessing enterprises. The main motive of the government behind the decision to privatize public enterprise to the local and foreign investor was inter alia to limit governments participation in the manufacturing and service sectors. It is Ethiopian Privatization Agency. Impossible to ignore however is that Ethiopia has unwaveringly stood against some of the tenets of privatization despite the Wests stringent preconditions for aid assistance and loans. The government consequently established the Ethiopian Privatization Agency by law and subsequently privatized public enterprises of different size and operating in different economic sectors. The Government of Ethiopia GoE as part of its efforts to rebuild and vitaliz7e the.private setor ntends to privatize 155 public enterprisas PEs. The necessary preparations are under way for the privatization of 81 enterprises with the . Ethiopia said it plans to sell stakes in some of the countrys most prized .   Beyond being a political line the privatization of Ethiopian public enterprises has become a necessity. It is expected that the government would transfer industries like sugar fully and then Ethiopian Airlines Ethio Telecom the Railway and Shipping. A successful implementation of privatization program requires clarity and coherence between policylaw and implementation. Jalata The Ethiopian government on 5 June 2018 announced to undertake partial and complete privatization of major state owned enterprises.According to the government Railway Service Sugar Plants Industrial Parks Hotels and other manufacturing enterprises could be transferred to the private sector partially or fully while EthioTelecom Ethiopian Airlines Hydropower Plants. governments troubled feeding program emphasize food distribution in all.


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