Ethiopian Finance Minister underlined the importance of stronger alignment with the national development priorities, diversification of sources of finance and due emphasis on the humanitarian-development-peace nexus are important factors to gear the joint efforts of the DPG and the government in the desired direction of success.
The State Minister, Semerita Sewasew, was speaking at an event that brought Ethiopia and the Development Partners Group (DPG).
Hosted at the Africa Leadership Excellence Academy, the retreat is a follow up event on the High-Level Development Forum (HLDF), held on the 14th of March in which the Government and the DPG renewed their commitment to work together on addressing the challenges on peace-building, resilience and macro-economic development.
State Ministers and Heads of Development Partners attended the event.
The retreat was first guided by a presentation on the draft Medium-Term Development and Investment Plan of Ethiopia (MDIP 2023/2024-2025/2026) and followed by the draft Sustainable Financing Strategy.
The Ministry of Planning and Development expounded the three-year priority areas of MDIP which are derived from the Ten Year Development Plan and aligned with HGER 2.0.
The MDIP puts the expected growth of sectors of which industry is expected to grow more.
The DPG appreciated the preparation of the MDIP in detail manner and also reflected the importance of focusing more on specific challenges that Ethiopia is currently facing.
The retreat also discussed the draft report of Ethiopia’s Sustainable Financing Strategy (ESFS).//