Ato Shimelis Abdisa, chairman of the Federation Council’s Standing Committee on Subsidy Budget and Joint Revenues, said it has been possible to closely monitor the proper implementation of wealth distribution formulas in the 2018 budget year.
Addis Ababa, June 28, 2018 (FMC). Ato Shimelis said that in the 2018 budget year many successful works have been carried out to ensure balanced development among regions and fair beneficiary status of citizens.
Beyond making the subsidy budget and joint revenue distribution system guided by study and organized plan, monitoring and support have been done to ensure that resources transferred to regions and city administrations are divided in a transparent and fair manner.
Ato Shimelis explained that these steps contribute significantly to increasing transparency on transferred resources and strengthening the intergovernmental fiscal transfer system.
