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→Economy
==Economy==
==Economy==
[[File:GERD.jpg|right|300px|thumb|Grand Ethiopian Renaissance Dam (GERD)]]
The current government has embarked on a cautious program of economic reform, including privatization of state enterprises and rationalization of government regulation. While the process is still ongoing, so far the reforms have attracted only meagre foreign investment, and the government remains heavily involved in the economy.
The current government has embarked on a cautious program of economic reform, including privatization of state enterprises and rationalization of government regulation. While the process is still ongoing, so far the reforms have attracted only meagre foreign investment, and the government remains heavily involved in the economy.
*Industry (12% of GDP): Types—textiles, processed foods, construction, cement, and hydroelectric power.
*Industry (12% of GDP): Types—textiles, processed foods, construction, cement, and hydroelectric power.
*Trade (2006 est.): Exports--$1.1 billion. Imports--$4.1 billion; plus remittances—official est. $400 million; unofficial est. $400 million.
*Trade (2006 est.): Exports--$1.1 billion. Imports--$4.1 billion; plus remittances—official est. $400 million; unofficial est. $400 million.
*Fiscal year: July 8-July 7.
*Fiscal year: July 8-July 7.
==History==
==History==