{"id":1362,"date":"2026-02-03T09:14:25","date_gmt":"2026-02-03T09:14:25","guid":{"rendered":"https:\/\/www.amn.gov.et\/en\/?p=1362"},"modified":"2026-02-03T09:14:28","modified_gmt":"2026-02-03T09:14:28","slug":"ethiopias-strategic-import-substitution-measures-lower-national-import-expenditures-in-the-past-six-months-prime-minister","status":"publish","type":"post","link":"https:\/\/www.amn.gov.et\/en\/ethiopias-strategic-import-substitution-measures-lower-national-import-expenditures-in-the-past-six-months-prime-minister\/","title":{"rendered":"Ethiopia\u2019s Strategic Import-Substitution Measures Lower National Import Expenditures in the Past Six Months: Prime Minister"},"content":{"rendered":"\n<p>AMN Plus-February 03\/2026<\/p>\n\n\n\n<p>Members of the Ethiopian Parliament have questioned the government on its progress toward key developmental and political targets set for the first half of the current fiscal year.<\/p>\n\n\n\n<p>Prime Minister Abiy Ahmed(PhD) has responded to the questions raised by members of the parliament regarding the Federal Government\u2019s six-month performance report for the 2018 fiscal year.<\/p>\n\n\n\n<p>Speaking about Foreign Direct Investment, Prime Minister Abiy Ahmed stated that Ethiopia has earned $2.6 billion in the past six months alone, reflecting a 20.6% growth compared to the same period last year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n-1024x683.jpg\" alt=\"\" class=\"wp-image-1364\" srcset=\"https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n-1024x683.jpg 1024w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n-300x200.jpg 300w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n-768x512.jpg 768w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n-1536x1024.jpg 1536w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/02\/625997988_926654249731363_2049522114184610603_n.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Briefing Parliament on the issue, the Prime Minister added that Ethiopia has spent $11.3 billion on imports during the same period.<\/p>\n\n\n\n<p>The Prime Minister reaffirmed that both imports and exports have shown positive trends, contributing significantly to Ethiopia\u2019s economy. Of the $11.3 billion spent on imports, 39% accounted for capital goods essential for national development, highlighting the strategic nature of the country\u2019s trade.<\/p>\n\n\n\n<p>Speaking at the Tenth Regular Session of the Sixth House of People\u2019s Representatives, Fifth-Year Term, Prime Minister Abiy emphasized that these figures demonstrate the healthy growth of Ethiopia\u2019s economy.<\/p>\n\n\n\n<p>Abiy also noted that most government expenditure is allocated to key sectors of the nation, and that the government\u2019s aggressive import-substitution efforts have helped reduce national import expenses over the past six months.<\/p>\n\n\n\n<p>By Birhanu Workneh<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMN Plus-February 03\/2026 Members of the Ethiopian Parliament have questioned the government on its progress toward key developmental and political targets set for the first half of the current fiscal year. Prime Minister Abiy Ahmed(PhD) has responded to the questions raised by members of the parliament regarding the Federal Government\u2019s six-month performance report for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[7,4],"tags":[],"class_list":["post-1362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-ethiopia","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/1362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/comments?post=1362"}],"version-history":[{"count":1,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/1362\/revisions"}],"predecessor-version":[{"id":1365,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/1362\/revisions\/1365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/media\/1363"}],"wp:attachment":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/media?parent=1362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/categories?post=1362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/tags?post=1362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}