In June, the finance ministry said it had set spending for 2024/25 at 971.2 billion birr, up 21% from the previous year. Ethiopia’s fiscal year runs from July 8 to July 7. “A supplementary budget … has been presented to the House for regular expenditures and expenditure adjustment,” Abiy’s office said in a statement.

Source: Ethiopian News November 21, 2024 14:29 UTC