Parliament receives record 2.34 trillion birr budget bill

The federal government submitted its largest budget proposal yet to Parliament on June 11 2026. The plan allocates 107 dollars per person on average.

Finance Minister Ahmed Shide presented the 2.34 trillion birr fiscal plan to Parliament on Thursday June 11 2026.

This equates to 107 dollars per person, six times lower than Kenya at 632 dollars, and behind Uganda at 488 dollars, Tanzania at 335 dollars and Burundi at 156 dollars.

The budget covers a large population where individual public spending power remains modest.

Mga Kaugnay na Artikulo

Photorealistic scene of Addis Ababa council meeting with mayor presenting budget approval and unanimous vote.
Larawang ginawa ng AI

Addis Ababa council approves appointments and 9.94 billion birr budget

Iniulat ng AI Larawang ginawa ng AI

The Addis Ababa City Council on 30 Miyazia 2018 approved appointments presented by Mayor Adanech Abiebe and an additional budget of 9.94 billion birr in a unanimous vote during its regular session.

The Council of Ministers approved a 2.34 trillion birr draft federal budget for the 2026/27 fiscal year during its 56th regular session. The proposal represents a 21.2 percent increase from the previous year's budget and has been sent to the House of Peoples’ Representatives for final approval.

Iniulat ng AI

Finance Minister Ahmed Shide reported to parliament that the 1.93 trillion birr federal budget is under pressure from delayed external aid. He addressed lawmakers on May 4, 2026, noting that domestic borrowing has risen faster than planned. The session took place without private media present.

Youth in the country benefited the most in the 2026/2027 fiscal year budget presented by Finance Minister John Mbadi.

Iniulat ng AI

The World Bank has outlined three regulatory conditions Kenya must meet by June 30 to secure a Ksh96.9 billion budget support loan. The funds will support salaries and daily government operations. The requirements follow Kenya's request for aid amid fuel supply disruptions and external shocks from the Middle East conflict.

Chile's Dirección de Presupuestos (Dipres) reported that the Government's gross debt hit US$158.215 billion by the end of Q1 2026, or 42.6% of GDP. Fiscal cash reserves fell to US$597 million, as fiscal revenues rose 0.9% in real annual terms and public spending 0.7%. The report notes heterogeneous performance driven by mining.

Gumagamit ng cookies ang website na ito

Gumagamit kami ng cookies para sa analytics upang mapabuti ang aming site. Basahin ang aming patakaran sa privacy para sa higit pang impormasyon.
Tanggihan