Ethiopia's Cabinet Approves 31% Budget Increase for 2025/26

Ethiopia's cabinet approves 31% budget increase for 2025/26

Ethiopia's cabinet has approved a nearly 2-trillion birr (R265.12bn) budget for the 2025/26 financial year starting in July, a 31% increase from the previous year, the prime minister's office said on Thursday.

Council Passes Near Two Trillion Birr Budget Bill for 2025/26FY – Ethiopian Monitor

The Council of Ministers has approved a bill on a near two billion birr federal government budget for the next 2025/25 Ethiopian fiscal year. The spending bill was approved by the Council during its 47th regular session chaired by Prime Minister Abiy Ahmed on Thursday. As it stands, the legislation will see the government spending double from the budget the House of People’s Representatives passed for the June-ending 2024/25FY almost a year ago.…