Ethiopia approves supplementary budget

Ethiopia’s council of ministers have approved a supplementary budget of $877.87 million for 2019/2020 to finance economic reforms, as announced by the country’s Prime Minister, Abiy Ahmed, yesterday

The funds add to the 386.9 billion Birr of government spending that the Horn of Africa country approved in 2019.

Abiy, who took office in 2018, has embarked on ambitious economic reforms to open up one of Africa’s fastest-growing but most closed economies. It has already begun the process of privatising its telecoms, banking and sugar sectors.

Leave your vote


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.
Your Friends Also Read:  Rand, Bond Yield Weakens ahead of SA Economic Recovery Plan

Contact: digital@newscentral.ng

Total
0
Shares
Previous Article

Madagascar Seeks $17 Billion Developmental funds

Next Article

Cameroon army attributes civilian deaths to accidental fuel explosion

Related Posts

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.