Ethiopia to overtake Kenya as Eastern Africa’s top economy

http://www.businessdailyafrica.com/Ethiopia-to-overtake-Kenya-as-Eastern-Africas-top-economy/539546-3408056-60ixcsz/index.html

juzi ilikua Tanzania, leo ni Ethiopia , kesho itakua Uganda , mtondogo itakua Rwanda na next week ni Burundi
tusha zoea

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…This is better for the region.

We don’t want stagnating economies.

Exactly. It is not like Kenya will be still.

Cant hear you.
http://thumbs.newschoolers.com/index.php?src=http%3A%2F%2Famytintera.com%2Fwp-content%2Fuploads%2F2012%2F08%2Ftumblr_m11s9bAvDq1qjemo2o1_400.gif&size=400x1000

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ati ethiopia has a population of how many gazillions? it’s like indians claiming to be rich because they have a bigger gdp than switzerland lol.

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We can’t keep discussing Ethiopia here every day. Anyone who feels so wowed by them should kindly relocate.

We will discuss what ever we want to discuss. Nani wewe kwani .

Kwani hujui?

Tumekuwa tukiwa overtaken since 2000, na bado!

Let the neighbors progress make you happy . Gossiping about your neighbor is stupid and shows how you are miserable in life.

Hii imekuwa kama kusema Raila atashinda 2013 sasa ati Raila is unbeatable 2017…

I think Guka made claims in the same vein a couple days “Kenya has a larger economy than Monaco so we should be proud”. Granted he put a population disclaimer but still…

Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation in the list of the world’s fastest economies in the past 10 years.
The International Monetary Fund’s (IMF) latest statistical estimates indicate that Ethiopia’s gross domestic product (GDP) is forecast to grow from $61.62 billion in 2015 to $69.21 billion this year, narrowly beating Kenya’s output which is expected to rise from $63.39 billion to $69.17 billion over the same period.
“Ethiopia has experienced double-digit economic growth, averaging 10.8 per cent since 2005, which has mainly been underpinned by public-sector-led development,” the African Development Bank, the OECD Development Centre and the United Nations Development Programme say in the latest African Economic Outlook report.
Kenya’s GDP of $14.1 billion in 2000 was 71.6 per cent larger than Ethiopia’s $8.23 billion in the same year but the Horn of Africa nation has closed the economic gap in the last five years of robust growth.
The IMF’s GDP estimates are based on current market prices using exchange rates prevailing between July 22 and August 19.
Having established its economic lead ahead of Kenya, Ethiopia is forecast to maintain its position as Eastern Africa’s largest economy over the medium term — a position that is also expected to improve its standing as an investment destination.

Source: The East African.

Ethiopia will join the East African Community in the next 5 years. We shall benefit too.

Still not so good… Their population is 2.5 times bigger… Their Per capita GDP is very low

I doubt it.