Wednesday, 25 February 2015 09:48

Political Stability

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  • Ethiopia is considered as one of the most stable countries in Africa.
  • The Constitution of the country, adopted in 1995, provides for a multi-party political system.
  • Elections are held by universal suffrage every five years.
  • The FDRE has a parliamentarian form of government with a bicameral parliament which comprises the House of the Peoples’ Representatives (HPR) and the House of the Federation (HoF).
  • The House of the Peoples’ Representatives is the highest authority of the Federal Government.
  • Power of government is assumed by the political party or a coalition of political parties that constitutes a majority in the House of the Peoples’ Representatives (HPR).
  • Executive power is vested in the Prime Minister, elected from among the members of the HPR for a five-year term.
  • Ethiopia may well be considered as a country with the lowest levels of crime and corruption among least developed countries.

Data Source: Ethiopian Investment Guide 2014

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