Saturday, July 02, 2011

Ethiopia: towards poverty eradication!


It was an unforgettable tragedy. Ethiopians had nix to eat. The number of deaths of children and women reached its peak in the 1974. How a paradox it is!
Despite the abundant natural resources of the country, Ethiopians had been suffering of hunger, disease and instability for years. It’s Incredible. The the entire scenario has now changed altogether. The past two decades witnessed Ethiopians are in the right truck to alleviate poverty. The country’s economy has registered a double digit growth rate for the past eight consecutive years. The life of millions of farmers has altered. Unseen in its history, a considerable number of farmers have become potential investors. Now Ethiopians have begun implementing the 5 year growth and transformation plan so as to scale up the best practices. They have been working day in day out towards alleviating poverty through harnessing the country’s natural resources like Hydro, gold, platinum, copper, potash and natural gas. Ethiopia’s hydropower generating potential is more than 45 thousand MW. That is why the government has been investing largely on hydroelectric power. It’s also incredible that a country that had been suffering of hunger for decades able to finance huge projects like the Ethiopian Renaissance Dam. As part and parcel of of its 5 Year Growth and Transformation plan, Ethiopia has determined to raise the current 2000 MW generating capacity to 10,000 MW.
The Ethiopian Renaissance Dam, which recently launched, has the greatest contribution. In this regard no Ethiopian with a healthy mind opposes efforts exerted to make poverty a history. This is the time for citizens at home and abroad to come together and work hand in hand.
All Ethiopians are expressing their readiness and capabilities to realize the historical hydroelectric project on the Nile River.
The Diaspora in Ethiopia said, there inevitably comes a time when one finds it difficult to remain silent for historical, psychological, and political and socio economic reasons. We, Ethiopians, stand together and work harder to realize the renaissance of our motherland. Successful implementation of the Renaissance Dam could meaningfully pave ways for the eradication of poverty and ensuring sustainable economic growth; thereby, opening a new chapter in the economic history of Ethiopia. (waltainfo.com)

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