Ahmed Shide, the minister of Finance, has disclosed a supplementary budget totaling over 300 billion Br, a quarter before the end of the current fiscal year. The Minister announced this during a meeting with Parliament's Standing Committee on Planning, Budget, & Finance Affairs on April 9, 2025, to review the Ministry's eight-month performance. According to the Minister, the federal government is implementing a fiscal policy to stabilise inflation, make tax policy effective, and provide subsidies for essential inputs. The Minister stated that the subsidy is designed to make macroeconomic reform programs "practical and effective." The supplementary budget is to be used to manage budget deficits, provide debt relief, and ensure the effective management of public finances to support the success of the reform programs. The federal government budgeted 971.2 billion Br for the 2024/25 fiscal year, 25pc larger than its previous year's budget. The increase represented a historic milestone as the federal budget reached the one trillion Birr mark for the first time.
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