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The Ethiopian Textile Industry Development Institute (EDITI) stated that the country’s textile exports for the first half of Ethiopian fiscal year 2015-16 are lagging behind the plan target.
The target was to achieve $60.07 million from textile exports, while only $41.1 million was attained, which is only 70% of the plan, said EDITI.
During the mid of last year, the government revealed ambitious plans to stimulate the sector by offering attractive incentives to investors.