FORTUNE+ VIDEO SPONSORED CONTENTS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

Capital Approves 100b Br Budget

Jun 29 , 2022

The Addis Abeba City Council has approved a 100 billion Br budget for the coming fiscal year.

It is a 41pc jump from last year and equivalent to 13pc of the proposed federal budget tabled to Parliament a few weeks ago. Nearly 55 billion Br has been earmarked for capital expenditures, while the Council has allocated 41 billion Br for recurrent expenditures. It contrasts with the 786.6 billion Br federal budget bill, which appropriated 44pc to recurrent spending.

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.



Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

A World of Debt

Recent headlines seem to augur a global debt crisis. The United States is teetering on the precipice of a self-inflicted default. Egypt,...

Growing Out of the Developing-Country Debt Crisis

The sovereign-debt crisis was high on the agenda at this year's Spring Meetings of the World Bank and the...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Banks Ride the Waves of Change Grappling with Growth, Risk

May 27 , 2023

Tauted as a somnolent giant, Ethiopia's financial scene now stirs, roused by favourab...

An African Paradox: Mediating Foreign Wars While Ignoring Homegrown Turmoils

May 20 , 2023

The pungent irony wafting from Pretoria last week was hard to miss. Cyril Ramaphosa,...

Ethiopia's Geopolitical Dance in a Tumultuous World

May 13 , 2023

In March this year, Kamala Harris, the United States Vice President, visited Ghana, T...

Ethiopia's Labour Movement Confronts a New Era. Will It Thrive?

May 6 , 2023

The history of the Ethiopian labour movement dates back to the 1940s, marked by perio...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

The Road to Success is Always Under Construction

A while back, I was asked to cover as a substitute teacher for a friend at her primar...

Optimism Despite Prevalence of Poverty

I met a new mother out on the rainy street of Addis Abeba with her infant. She was s...

Life Matters

Debt Traps Destabilises Small Businesses

I was standing next to a lady at one of our neighbourhood shops. She was arguing with...

Distress of Digital Payment Penetration

I came across an older man who was complaining about the newly founded experience at...