Ethiopia Economy

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Entries Tagged as 'Privatization'

The Status of Privatization Program in Ethiopia

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It was in 1995 that the Ethiopian Government launched a program for the privatization of state owned enterprises.

In the same year the Ethiopian Privatization Agency (EPA) was established receiving a stock of 113 state owned enterprises from the government for privatization.

Though the government has laid the ground to privatize most of the state owned enterprises to the private sector, it has not been as successful as it was planed.

As pointed out in EPA’s work program, out of these enterprises, a total of 43 state owned enterprises are in the pipeline for privatization in the near future.

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