January 1, 2011
Eritrea is a poor country with an estimated annual GDP of about US$ 180 per capita. At independence, the government concentrated on meeting the emergency needs of the people, rebuilding and rehabilitating its economic and social infrastructure and the institutions essential for achieving rapid economic and social development. The Government put in place a Macro Economic Policy Framework (Para. 1.11) and made key investments in priority sectors of the economy to accelerate economic recovery and address the deep-rooted problems of poverty.