The First Five-Year Development Plan Analysis

Anecdotal evidence indicates that the First Five-Year Development plan of the Imperial Ethiopian Government was the first formal planning started in Ethiopia in 1957 (MoFED, 2002 ). In the same regime, there were three Five-Year development plans. The First Five-Year Development Plan (1957-1961) had the objective of laying foundations for further take-off. The Second Five-Year Development Plan (1963-1967) followed it, which was a prelude to a 20 years’ development plan that targeted doubling income in 20 years (1983). Similarly, with a major focus on agriculture and aimed at achieving 3 % growth per year, the Third Five-Year Development Plan (1968-1973) came into being (MoFED, 2002; Maier, 2014 ).
On the other hand, planning as an integral part of a socialist ideology started in early 1970s. In this particular regime, the major focus of the Ten-Year Development Plan on ensuring linkages among sectors (MoFED, 2002;
The objective of the strategy was to provide farmers with packages of fertilizer and improved seeds, facilitated access to credits and information on how to improve agricultural practices and on input use (Diao, 2010 ). In response to the limited impacts of PADETES, the government revisited the program and formulated an integrated rural and agriculture development strategy that was launched in 2002. The Sustainable Development and Poverty Reduction Programme (SDPRP), was mainly aimed to achieve the goal of poverty reduction, covering the period of 2002-03 to 2004-05 (MoFED, 2002). The secondary poverty reduction strategy of Ethiopia, the Plan for Accelerated and Sustained Development to End Poverty (PASDEP), started in 2005, covering the period of (2005/06-2009/10) (MoFED, 2005). PASDEP aimed to considerably promote the growth through the commercialization of agricultural and the promotion of private sector