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Economic reform programs should seriously consider the involvement of the private sector in order to ensure stability and resilience of the economy, experts said.
Approached by ENA to share their ideas about the economy, the professionals said a reform which ensures the effective participation of the private sector shares its burden of developing the country in many ways.
They believe that improving the participation of the private sector would promote inclusive and sustained economic growth in the country.
The economics lecturer at Addis Ababa University, Atlaw Alemu (PhD) said privatization has a positive impact on promoting foreign exchange earnings; but taking concrete measures in encouraging the private sector is imperative.