Addis Ababa to Get 50pc Budget Raise



Addis Ababa to Get 50pc Budget Raise

(Addis Fortune) — The City Administration of Addis Ababa is to see a significant jump in its budget for 2015/16, with an addition of 11 billion Br. Close to 20 billion Br budget was alloted for the current fiscal year. Yet, the budget bill is up for a final approval by the City’s all too EPRDF Council.

Budget experts at the Bureau of Finance & Economic Development (BoFED) are now putting a final touch on the bill, after receiving budget proposals from sectoral institutions, agencies and project offices under the city administration. Heads of these agencies and project offices will soon defend before the City Council the preliminary budget councilers are expected to be approve.

Source: Addis Fortune 
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