Ethiopia’s parliament, the House of People’s Representatives, approved the proposed additional budget of 122 billion birr. The additional budget is aimed at enhancing national security, humanitarian efforts, rehabilitation for people affected by the ongoing conflict, as well as other important government tasks, it has been learned.
Out of the 122 billion birr, 90 billion is for the Ministry of Defence, 8 billion birr as backup, 7 billion birr for bringing capital projects to completion, and 9 billion birr to compensate for tax shortages.
The need for an additional budget has been necessitated mainly due to the strain caused by the war in northern Ethiopia. This has made it difficult for the government to meet ends related to payment requests, the Ministry of Finance had related while preparing the request for the additional budget in December 2021.
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Source: FBC