Ethiopia: Deciphering Ethiopia's 1.93 Trillion Birr Budget - Giant Leap in Recurrent Spending, Retreat From Development Funding

Ethiopia: Deciphering Ethiopia's 1.93 Trillion Birr Budget - Giant Leap in Recurrent Spending, Retreat From Development Funding

Addis Abeba -- The federal government has recently tabled its budget proposal for the 2025/26 fiscal year to the House of Peoples' Representatives for approval. Totaling a record 1.93 trillion birr in expenditures, the budget proposal--presented by Finance Minister Ahmed Shide--prioritizes recurrent spending while substantially reducing the allocations for capital expenditures and regional subsidies.