
The Council of Ministers approved a budget bill that allocates 386.9 billion Br for the coming fiscal year's federal budget, in today's session.
The bill that has been sent to parliament allocates 130.7 billion Br for capital expenditure, 109.5 billion Br for recurrent spending and 140.7 billion Br for regional block grants. The remaining six billion Birr is allocated for projects under the Sustainable Development Goals (SDG).
The proposed budget for the coming fiscal year is 11.5pc and 20.6pc higher than the current fiscal year and the preceding year's budget, respectively.
PUBLISHED ON
Jun 09,2019 [ VOL
20 , NO
998]
Radar | Sep 23,2023
Radar | Dec 12,2020
Radar | Sep 14,2019
Radar | Apr 03,2021
Fortune News | Feb 26,2022
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Apr 6 , 2025
Last week, the International Finance Corporation (IFC), part of the World Bank Group...
Mar 30 , 2025
When the private satellite channel, Ethiopian Broadcasting Service (EBS), aired an em...
Mar 23 , 2025
Getachew Redda, head of the Tigray Interim Regional Administration (TIRA), at least u...
Mar 16 , 2025
Ask anyone about the population of Addis Abeba, and a straightforward answer proves e...