Answer to Question #286041 in Macroeconomics for Sheya

Question

Currently, we Ethiopian faced a problem of war in some part of Ethiopia such as State of Amhara, State of Afar and Tigray. This problem caused low production, output, high unemployment rate, low aggregate demand. The macroeconomics has considered the state of macroeconomics, the philosophies that have been most important in the 21th century. Given the situation, what would a state of macro economics recommend be done? And as off you what would be done?

Answer 1

To improve the economic situation, the first step is to end the war. After the end of the war, it is necessary to attract investment in the development of sectors of the economy and pursue a policy to reduce interest rates on loans, as well as an important area to provide jobs for the country's youth.