Government actions in Ethiopia
| Year | Government action |
|---|---|
| 1966 | The Royal Government introduced tax relief, access to land, building and public utilities for the purpose of enhancing business development |
| 1974 | The military ousted the king and declared the country as socialist state |
| 1975 | The military government nationalized private properties and discouraged business activities and wealth accumulation |
| 1991 | The EPDRF ousted the military government from power and started to liberalize the nation |
| 1998 | The Ethiopian Council of Ministers established Micro and Small enterprises development agency to provide support in the development and expansion of micro and small enterprises |
| 2010 | Ethiopian Council of ministers approved the Growth and Transformation Plan I (GTP I) to be implemented from 2010/11 to 2014/15. The goal is to register a real GDP growth of the country by 11% and achieve MDG by putting the foundation for Entrepreneurial eco systems |
| 2015 | Ethiopian Council of Ministers ratified the Second Growth and Transformation Plan (GTP II) for the five years period 2015/16 to 2019/20. The objective is to maintain real GDP growth of 11% per annum, with the ultimate goal of transitioning Ethiopia into a lower middle-income country by 2025 |
| Year | Government action |
|---|---|
| 1966 | The Royal Government introduced tax relief, access to land, building and public utilities for the purpose of enhancing business development |
| 1974 | The military ousted the king and declared the country as socialist state |
| 1975 | The military government nationalized private properties and discouraged business activities and wealth accumulation |
| 1991 | The EPDRF ousted the military government from power and started to liberalize the nation |
| 1998 | The Ethiopian Council of Ministers established Micro and Small enterprises development agency to provide support in the development and expansion of micro and small enterprises |
| 2010 | Ethiopian Council of ministers approved the Growth and Transformation Plan I (GTP I) to be implemented from 2010/11 to 2014/15. The goal is to register a real GDP growth of the country by 11% and achieve MDG by putting the foundation for Entrepreneurial eco systems |
| 2015 | Ethiopian Council of Ministers ratified the Second Growth and Transformation Plan (GTP II) for the five years period 2015/16 to 2019/20. The objective is to maintain real GDP growth of 11% per annum, with the ultimate goal of transitioning Ethiopia into a lower middle-income country by 2025 |
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