Ethiopia has opened a Sh371.8 billion ($3.61 billion) gap on Kenya’s economy fuelled by a decade of double-digit GDP growth, cementing its position as Eastern Africa’s emerging power house.
The International Monetary Fund’s (IMF) latest data indicates that Ethiopia’s annual economic output, also known as the gross domestic product (GDP), hit $72.52 billion (Sh7.4 trillion) last year from $64.68 billion in 2015 and is expected to touch $78.3 billion this year.
