OPEN FOR AD
OPEN FOR AD
Dashen Bank
FORTUNE+ VIDEO JOBS SPONSORED CONTENTS FORTUNE AUDIO TRADE AFRICA new

Fortune Logo

Fed Approves 787b Br Budget

June 3 , 2022

The Council of Ministers has given the nod to a 786.6 billion Br budget for the coming fiscal year.

It is 40pc higher than what lawmakers had apportioned for 2021/22. In dollar terms, the budget bill exhibited a 14pc increase.

Recurrent expenditures account for 347 billion Br, while 218 billion Br has been set aside for capital expenditures. Regional budgets and development projects take up the balance.

The proposed budget will be tabled to Parliament for final approval.

Put your comments here




Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

Digital Transformation, as Critical During Conflict as in Peace

The pandemic, armed conflicts and natural disasters have again brought the importance...

Hydropower's A Bad Bargain

The era of cheap oil and gas is over. Russia’s war in Ukraine – or, more specifically, Europe’s ambitious effort to wean itself off Ru...

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 tw...

Editorial

Giving Peace a Chance. Long Overdue.

July 2 , 2022

After nearly two years since the civil war broke out in northern Ethiopia, adversarie...

The Local Elections Everybody Forgets About

June 25 , 2022

It is not the best of times to be in charge of governance in Ethiopia, whether at the...

Central Bank Shoots Itself in the Feet. Again!

June 18 , 2022

Some of Ethiopia's economic policymakers may take solace from realising that inflatio...

What Agenda the Budget Bill Serves?

June 11 , 2022

The stereotype many people have of parliamentarians is as clueless seat fillers who exist to rubber stamp legislative bi...

Gallery

Parliament Approves New Cabinet Members

October 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

January 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

September 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

December 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

April 26 , 2019

Sunday With Eden

Young People's Turn as Better Friends than Older Adults

A couple of years ago, I was having a conversation with a friend and mentor who has...

Life Offers No Graduation Party

Last year, I met a young and charming medical doctor through a mutual friend. Our friendship quickly grew. She told me about her engagement...

Life Matters

Ads that Tease, Products that Let Down

The advertising industry in Ethiopia has come a long way. They are not only getting better and more creat...

In Polite Society, Split the Bill

Some live in a distant universe where they are oblivious to norms. There are unspoken rules. For instance, if two friends dine together, unl...