AFD grants EDRI second phase support for STIP
The second phase support of the Agence Française de Développement (AFD) to the Ethiopian Development Research Institute, EDRI’s Structural Transformation and Industrial Policy (STIP) program has been signed at EDRI Thursday 24 November 2016. According to the agreement, the agency shall make a financial contribution of 200,000 Euros to run the second phase of the STIP program.
The new Executive Director, Mr. Mekonnen Manyazewal signed the agreement on behalf of EDRI with AFD’s Regional Director, M. Ignace Monkam-Daverat.
The agreement entails the undertaking of joint research and policy support program that aligns with the second Ethiopian Growth and Transformation Plan (GTP II). Building on the challenges of the findings from the first phase of the program, four components have been identified in the second phase; “Productivity, wages and structural transformation”, “Agriculture-industry linkage,” “Skills development, labour market dynamics and structural transformation in Ethiopia,” and “The role of fiscal capacity in the implementation of industrial policy.”
AFD’s mission is to promote the Sustainable Development Goals (SDGs), financing sustainable growth and preserving global public goods. The Agency operates in more than seventy countries in Africa, the Caribbean and Latin America, the Indian and Pacific Oceans, Asia, the Mediterranean as well as in the French overseas departments and collectivities. It has a network of approximately sixty agencies and offices throughout the world. It finances projects in many different sectors of the economy as well as health, education and environmental projects using various tools (subsidies, loans, etc.).
It is to be recalled that the first phase of the program has been signed on 15 December 2015.