or two years. Moreover, the benefits to national interest are also maximized by acquiring 40% of the shares (of which 10% is royalty). The maximization and management of national interest is also maintained by the establishment of the Eritrean National Mining Corporation (ENAMCO) under Proclamation No 157/2006. Furthermore, environment security has been enforced and corporate social responsibility reports indicate that safety is guaranteed. 254. In the above context, structural transformation and growth of national capacity is given utmost consideration. The investment being made in human capital has started to address the critical capacity gaps in development. Progress has been achieved in ensuring the decisiveness of the human factor by investing in the knowledge, skills, professional and technical capabilities and above all attitude of the young generation. But broader efforts are still needed to raise productivity and address issues of efficiency and effectiveness. On the other hand, introduction of technology and in particular mechanization, automation and digitization is growing but requires further investment and effort to reach the desired level. (iv) Pragmatic Macro-Level Development Orientation The Warsay Yikealo Development Campaign 255. Available international reports show that Eritrea by 1998 achieved a promising 7% annual economic growth in the few years after independence. This was disrupted by the border war and the subsequent hostilities and belligerencies on the country. The 1999 -2004 severe drought also influenced development and peoples‟ livelihood. After the active fighting between Ethiopia and Eritrea culminated and paved way for an international arbitration of the dispute, Eritrea in 2002 declared the Warsay Yikealo Development Campaign (the appellation itself means the freedom fighters - Yikealo and Warsai - National Service/post-independence generations in unison) to address the effects of the war and drought and focused on the following goals:    revitalize the economic situation and progress of the nation reinstate the basic social fabrics of the society improve living conditions consolidate the achievements of peace earned through huge sacrifices 256. Hence the programme has been implemented by addressing the critical bottlenecks, maximizing the utilization of comparative advantages and mobilization of available resources. In this respect, soil and water conservation, agricultural productivity, irrigation technology, coastal development, economic infrastructure, national capacity and human capital were targeted. This also enabled the nation to absorb the shock of external economic conspiracy and achieve tangible progress. Eritrea was able to stand on its feet and is now ready to fast track progress and transformation that could bring a qualitative leap in the next few years. Hence, an expanded development paradigm has been declared. Page 63 of 100

Select target paragraph3