Oromia Region - Economy

Economy

The CSA reported that for 2004-2005 115,083 tons of coffee were produced in Oromia, based on inspection records from the Ethiopian Coffee and Tea Authority. This represents 50.7% of the total production in Ethiopia. Farmers in the Region had an estimated total of 17,214,540 cattle (representing 44.4% of Ethiopia's total cattle), 6,905,370 sheep (39.6), 4,849,060 goats (37.4%), 959,710 horses (63.25%), 63,460 mules (43.1%), 278,440 asses (11.1%), 139,830 camels (30.6%), 11,637,070 poultry of all species (37.7%), and 2,513,790 beehives (57.73%).

According to a March 2003 World Bank publication, the average rural household has 1.14 hectares of land compared to the national average of 1.01 hectares, 24% of the population is in non-farm related jobs compared to the national average of 25%.

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Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
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