By Seyoum Teshome (MBA)
Ethiopia is running away from its dreadful modern history which haunted people’s life in every aspect. Active promotion of theMicro and Small Enterprises (MSE) sector is both a means and an end to the transition to the market economy and the creation of an entrepreneurial class which will enhance the likelihood of a durable commitment to democratic societies and the rule of law(EBRD, 2006). The first major attempt by the current government to develop the private sector through active promotion of MSE was taken in late 1990s following the issuance ofNational Micro and Small Enterprises Strategy (1997).The strategy was aimed to overcome the prevailing constraints which were policy related, structural, and institutional in nature. The government revised the Strategy in2010/11 claiming significant improvements in creating an enabling legal framework and streamlining regulatory conditions, thus the focus is now on providing development support to MSEs. The revisedMSE strategy (2010/11)is developed as part of the GTP (2010/11-2014/15) which prioritizes the sector so that it contributes, to the development of the industrial sector as a whole serve as the basis, and contributes to the development of the agricultural sector and create employment opportunities.