Question
9. On February 14, 2019 Quartz Africa Weekly news reported that after decades of a centralized economic model and antiquated socialist red tape, Ethiopia is
9.On February 14, 2019 Quartz Africa Weekly news reported that after decades of a centralized economic model and antiquated socialist red tape, Ethiopia is opening up to the world. Last year, the government announced plans to gradually privatize state-owned enterprises. A 21-member advisory council was appointed to steer the process, and to help loosen state monopoly, both partially and fully, on enterprises including aviation, shipping and logistics, energy, and telecommunications. The move was part of sweeping reforms introduced by prime minister Abiy Ahmed, who ended hostile relations with neighboring states, prioritized regional integration, and reduced the military's stake in key infrastructural projects. What is your views on privatization of three major state owned enterprises by Ethiopian government?
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