Over 800,000 Permanent Jobs Created as Amhara Region Allocates 1 Billion Birr to Tackle Unemployment

Arega Kebede presenting Amhara Region’s 2017 job creation and economic performance report during the regional council’s 10th regular session.

KEYIR NEWS - The Amhara Regional State has reported the creation of over 1.1 million jobs during the just-ended fiscal year, with 817,041 of these identified as permanent placements. 

The announcement was made by Arega Kebede, Head of the Regional State, during the 10th regular session of the regional council.

Presenting the 2024/25 fiscal performance report, Arega emphasised the administration’s commitment to addressing the region’s employment challenges. 

Amhara Region Creates 1.1 Million Jobs, Says State Head Arega Kebede

A total of 64,820 individuals have also been deployed to overseas jobs, reflecting the government’s broader strategy to link domestic labour supply with international demand.

The government allocated a revolving fund of one billion Birr aimed at mitigating the rising cost of living and supporting sectors with high job-creation potential. 

According to Arega, the fund forms part of a targeted initiative to stimulate economic activity and ease inflationary pressure, particularly for vulnerable groups. Despite persistent security challenges in some zones, Arega praised local communities for demonstrating resilience and a clear preference for peace and development. 

He also reported commendable achievements in productivity enhancement, macroeconomic balance, and export performance. However, revenue mobilisation continues to lag. Out of the planned 71.65 billion Br, the region collected just 45 billion Br over the past 11 months. 

Arega acknowledged the underperformance and vowed to intensify efforts in the coming fiscal year by modernising revenue systems and strengthening institutional capacity.

Agricultural output remained a bright spot, with 5.3 million hectares of land cultivated during the 2023/24 production season, yielding 170.4 million quintals of produce.

As the region braces for a new fiscal cycle, the administration has pledged to intensify its focus on structural reforms, public investment, and collaborative approaches to economic recovery.