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These bright prospects mean the era of dependency on aid is over, he continued.
But that doesn't necessarily mean the government sector will reduce its dependency on aid.
One of the drugs' unpleasant side effects will be greater dependency on aid.
Dependency on aid can only be reduced if the equivalent financial resources (and more) are found elsewhere.
"Icai is right to recognise the very clear link between economic development and ending dependency on aid," a DfID spokesman said.
Trade and job creation are the means through which developing countries will become self-sufficient and end their dependency on aid".
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Once known for its famines and dependency on foreign aid, Ethiopia now has one of the world's fastest growth rates.
They told a House appropriations subcommittee that Congress should mandate that one million metric tons of food, instead of the current 750,000 metric tons, go to long-term programs, which could help people facing chronic hunger feed themselves and escape dependency on food aid.
In some areas there is an 80percentnt dependency on food aid from the international community.
Over more than a decade, these policies have transformed Nauru's financial status, increasing its dependency on Australian aid".
Dependency on foreign aid can also play a significant role in shaping the economy and politics of the recipient country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com