Ethiopia’s global competitiveness drops three places (Sudan Tribune)

August 5, 2007 (ADDIS ABABA) — Ethiopia’s global competitiveness in the current fiscal year dropped by three places to the 123rd position amongst 128 economies, The Reporter, an English weekly newspaper, reported on Saturday.

The weekly quoted the World Economic Forum’s (WEF) 2007 Africa Competitiveness Report as saying that Ethiopia became the fifth least performer in global competitiveness this year, albeit an improved score the country registered in the new ranking than that of the earlier year.

Last year, the country was ranked 120th out of 125 nations covered by the same annually released report...more..