International

Ethiopia approves record $14b annual budget

Ethiopia approves record $14b annual budget

The Ethiopian Council of Ministers on Saturday approved a record $14 billion as the country's annual budget that will begin on July 8, 2020.Of the total budget, more than $3.9 billion is for recurrent spending, over $4.7 billion for capital expenditure, more than $5.2 billion to subsidise regional states and…

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