Ethiopia

Ethiopia

Ethiopia’s economy used to be characterised by heavy government intervention and control. Its GNI per capita has gone from 110 US $ in 2005 to 400 US $ in 2012.
The government has taken a few steps towards liberalisation of the economy: the corporate tax rate has dropped from 43.6 percent in 2005 to 33.3 % in 2012. However, enforcing contracts used to take 30 procedures and 420 days back in 2005 but it took 38 procedures and 530 days in 2012.
Ethiopia's WB doing Business ranking went from 101st in 2006 to 127th in 2012.

Ethiopia’s employers’ national and international interests are being represented by the Ethiopian Employers Federation (EEF), member of the International Organisation of Employers. DECP undertook a fact-finding mission to the EFF in 2008 and an advisory mission in 2010. DECP and EEF will investigate if a specific training for board and members of EEF should be organized.