Borkena
Toronto – The Ethiopian government on Wednesday reported a $2.6 billion revenue from export trade in a span of five months.
The Ethiopian Ministry of Trade and Regional Integration said the plan was to “export 548,392 tonnes of goods within five months.” The Ministry claims it exported more than what was planned.
An update from the ministry, which was published on its social media page, said 612,499.02 tonnes of goods were exported. The revenue generated from it is “102.09 percent higher” compared to revenue from the 2016 Ethiopian fiscal year (2023/24).
Agriculture is still a major contributor to export trade. Based on the Ministry’s update, 50.42 percent of the revenue from the last five months was generated from agriculture. Revenue from the mining sector constitutes 39.70 percent.
The manufacturing sector’s 5.55 percent. Revenue from exporting other export items is only 4.31, according to the ministry.
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The Ethiopian government claims a significant increase in revenue from **export trade. This indicates Ethiopians are flogged by hunger and bullets to fill the pockets of prosperity party leader Abiy Ahmed and enable him to build his palace by selling hard-earned products cheaper to rich countries. This alleged revenue is not about foreign direct investment, the digital economy, or tourism but selling products.
Abiy Ahmed must resign and be deported to the United States, where the headquarter of the Prosperity Party is loacted.