Building capitalist economic system said primary objective of revolutionary democracy 

Addis Ababa, August 11(ENA)ญญญ-- The primary objective of revolutionary democracy being pursued by the government of Ethiopia is to build a free market economy in the country, Minister of Economic Development and Cooperation (MEDaC) said.

  Girma Birru told ENA on Friday that the tenets of revolutionary democracy should not be seen as a subordinate of communism.

  Revolutionary democracy, which takes into account the objective reality of the country, was the only option to bring about economic transformation and social progress, the minister said.

  Girma described as "inappropriate and grave mistake" the attempt by some groups to associate revolutionary democracy with the principles of socialism.

  Both the International Monetary Fund and the World Bank do not agree to the idea that capitalism could not develop in a situation where land is owned by the government and the public, the minister said.

  He said the international institutions wouldn't have shown their willingness and cooperation with the country if revolutionary democracy has the inclination to socialism.

  Revolutionary democracy ensures the rights of farmers to own land, the minister said.

  The principle gives farmers full rights to rent and hand over their land to their relatives, he said.

  Girma said investors could also receive land from the government through lease or other means.

  If investors could get land through rent or lease at a reasonable price, they would have more opportunity to spend their capital on effectively carrying out their investment ventures, the minister said.

  He said the possession of land by the government prevents the greedy motives of some people who want to get rich quick at the expense of poor farmers by selling and renting land at higher prices.

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