The executive committee today evaluated the economic reform the country has been taking and put future direction.
According to the committee the economy has grew by 9.6 percent from 2003 E.c-2010E.c with agriculture, industry, and service sector saw growth at 5.7, 19.6 and 10.3 percent respectively.
However, the growth is drop from 10 percent to 8.6 percent during the Second Growth and Transformation Plan (GTP11), in which the overall economic growth has experienced a slowed growth trajectory.
The committee attributed the political instability that resulted in the decline of Foreign Direct Investment (FDI) for the growth backtracks.
The inflation was not exceptional, according to the committee it was growing by 13 percent since 2003 E.C.
The committee also said that government will work hard to modernize the taxation system and foreign trade.