PM Abiy Ahmed presented the E.C 2011 Budget Year Government report to the HOPR
In strengthening peace & security and democracy he highlighted three key areas of institutional reforms, efforts to maintain rule of law and peace building efforts undertaken.
On Rule of Law: apprehending individuals & groups participating in organized crime; human rights violations; high level corruption; inciters of ethnic violence; arms proliferators; money launderers, human traffickers & members of terrorist groups whose plans were foiled.
On Displacement: Of the 2.3million displaced (1.2mil before the reforms & 1.1mil) total of 2.1 million of inter and intra-regionally displaced returned to their original locales. Efforts underway to reinstate the remaining.
On Economy: efforts focused on correcting macro-economic imbalances. Noting jobs are key to economic progress Jobs Commission @Jobs_FDRE formed and expected to create upto 3mil jobs by end of E.C 2012 budget yr. End of E.C 2011 budget yr 1.4mil jobs created through SMEs.
On Gov Revenue & Expenditure Performance: 10% increase in revenues over past 11 months at ETB 178.5billion. Expenditures at end of budget year not expected to go above set limit for E.C 2011.
Financial Sector deposits performance shows increase by 22% and credit disbursement performance increase by 35% in comparison to last yr. While inflation decreased in comparison to last yr, May/June period increase being addressed by task force to study & provide solutions.
On Foreign Relations: diplomacy centered on ensuring Ethiopians abroad are treated in a dignified manner, with negotiated release of 15k from prisons; safe return of 76k whose contracts ended; signing of agreements with recipient countries for migrant Ethiopian workers.
Strengthening & establishing peaceful relations with neighboring countries; securing USD 3bill in grants; loan cancellations & increased FDI. Strengthening cultural diplomacy & securing renovation support for Lalibela, Axum, Abba Jifar Palace; & establishing new relations.
PM Abiy finished today’s parliament session by planting seedlings in the compound together with DPM Demeke Mekonnen and House Speaker Tagesse Chafo.