Artist Solomon Bogale unhappy about his style

Solomon Bogale is a famous Ethiopian artist who has performed on several Television dramas and films. He recently spoke yo ebc 'begna fanta' program. 

Statement from the National Macroeconomic Council on the performance of the first nine months of the 2014 fiscal year

Distinguished people of our country,

Over the past few years, our country's economy, like politics, has been repeatedly challenged for various reasons. Admittedly, the pressures of unexpected natural and man-made disasters are great. Despite the disruption of trade and commerce caused by the Northern War, the destruction of infrastructure and the displacement of citizens, as well as the diplomatic crisis, have had a devastating effect on our economy. Drought in various parts of the country and the ensuing famine and livestock deaths have cost Ethiopia dearly. Nevertheless, it has been ensured that our country's economy is moving better despite domestic and foreign pressures. This was confirmed by the Macroeconomic Council during its performance in the first nine months of the fiscal year.

Based on growth in the first two quarters, GDP is expected to grow at an average rate of 6.6% year-on-year, a modest increase compared to the same period last year. Significance depends on the size of the reaction on the agricultural sector, particularly on crop production. More than 25 million quintals of produce is expected to be harvested on 613,000 hectares of land following the efforts made to increase summer wheat production and productivity. Significant progress is being made in the service sector, which is slowly recovering from the effects of the epidemic. At the same time, significant efforts are being made to revive the industry, which has seen a slight decline in growth. Efforts to increase the share of domestic and foreign direct investment, which had been stalled during the war, have begun to bear fruit.

Increases in loans and savings that are directly related to investment were also recorded. The total savings of banks has increased by 25% compared to the same period last year, reaching 1.6 trillion birr. This allows us to lend more to the private sector. $ 2.95 billion was earned from exports, of which $ 2.05 billion remained, and agriculture remained the backbone of export trade. After agriculture, the mining sector earned $ 453 million and the manufacturing industry earned $ 378.5 million. Despite the fact that the foreign exchange earnings for the past nine months have been slightly lower than our targets, it is undeniable that they have increased compared to the same period last year. Despite the high demand for foreign exchange, we have been able to repay our foreign debt during the fiscal year.

Various strategies have been devised to reduce the growing unemployment rate, and about 1.4 million jobs have been created in the last nine months. Although the number of jobs created in this area is large, they have received vocational training abroad, such as in Qatar.