| Overview : Ethiopia has registered impressive socio-economic growth with an average annual real GDP growth of 11 for over a period of one decade. This rapid growth has lifted millions of Ethiopians out of poverty. Sustaining the progress achieved so far and realizing the vision of a lower-middle income country (LMIC) by 2025 requires strong institutions, political commitment and leadership at all levels. The Ministry of Finance and Economic Cooperation (MoFEC) has huge responsibility of developing polices to ensure sustainable and equitable economic development and macro-economic stability in the country. MoFEC has a vision of making real a prosperous Ethiopia by formulating development policies, preparing development plan and budget, mobilizing and administering external resources, installing modern, efficient, effective and accountable public finance and property administration and controlling system.
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