Ethiopia: Draft Budget Crucial for Successful Macroeconomic Reforms, Says Finance Minister

Ethiopia forecasts faster growth next fiscal year

Ethiopia's economy will grow slightly faster in the fiscal year that starts next month, while its budget deficit will increase marginally, its finance minister said on Tuesday.

Ethiopia: Draft Budget Crucial for Successful Macroeconomic Reforms, Says Finance Minister

Addis Ababa, -- Ethiopia's draft budget for the upcoming 2025/ 2026 would play a significant role in ensuring the successful continuity of the comprehensive macroeconomic reforms, Finance Minister Ahmed Shide said today.

Ethiopia to post faster growth despite debt, inflation

Finance Minister Ahmed Shide told parliament that the economy was forecast to expand 8.9% in fiscal year 2025/2026. It had been originally projected to grow 8.4%

Overview of the Proposed 1.2 Trillion Birr Budget - Ethiopian News: Trusted, In-Depth Analysis

By Tesma Endale, PhD Whoa! Ethiopia’s Minister for Finance just dropped the mic with a huge proposed budget of 1.2 trillion birr for the 2025/2026 fiscal year, also known as Ethiopia’s 2018 fiscal year. This is no small change; we’re talking about a massive amount for regular expenses here. So what about the juicy details? Well, 450 billion birr is being set aside for capital expenses. And guess what, 315 billion birr is aimed for regional gover…

Ethiopia Projects 8.9% GDP Growth in Upcoming Fiscal Year

Ethiopia’s government expects economic growth to accelerate in fiscal year 2025, starting July 8. Finance Minister Ahmed Shide informed parliament that the predicted expansion rate of 8.9 percent is higher than the current year’s estimated 8.4 percent increase. This positive outlook is supported by a broad reform program, which is being undertaken in collaboration with the International Monetary Fund. Shide also stated that the national budget d…