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Ethiopia 2013/14 budget to focus on infrastructure

Ethiopia's economy is expected to maintain a growth rate of 11 percent in 2013/14 with plans to upgrade infrastructure given prominence in its annual budget, Prime Minister Hailemariam Desalegn said on Thursday.

The Horn of Africa nation has in recent years embarked on ambitious infrastructure projects to improve its economic competitiveness, including a multi-billion dollar plan to increase energy output by building a hydro-power dam on the Nile.

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