UNDP Ethiopia 2013 Annual Report19 May 2014
Ethiopia is one among the fastest growing countries in the world and has maintained an average GDP growth rate of 11 percent in the last ten years. In 2012/13 fiscal year the economy grew by 9.7 percent, which is higher than the Sub-Saharan Africa's average GDP growth rate of 4 per cent.
2013 proved to be a year of strong progress for UNDP-supported initiatives that are in line with Ethiopia’s priority areas. One leading priority area is to unleash the full potential of Ethiopia’s still fledgling private sector and UNDP has taken the lead to support the government to set up a national Entrepreneurship Development Programme (EDP) and an Entrepreneurship Development Centre to manage the programme.