PM Abiy announces 20 billion birr monthly fuel subsidy

At a briefing in Addis Ababa, Prime Minister Dr. Abiy Ahmed stated the government has provided a 20 billion birr monthly fuel subsidy. This follows a 100 percent increase over the past two months. Officials also highlighted achievements in social sectors.

Addis Ababa, Miyazya 20, 2018 (Fana) — Prime Minister Dr. Abiy Ahmed told a panel discussion titled “Social development lesson for national growth” that the government has subsidized fuel by 20 billion birr per month to tackle the global fuel crisis in recent months.

He noted a 100 percent additional subsidy in the past two months. Due to security issues in the Middle East, other countries' airlines have reduced fares, the PM said, but Ethiopian Airlines has not lowered prices despite the support.

The Prime Minister's Office stated Ethiopia has undertaken broad systemic reforms in social and economic sectors. Achievements include new education curriculum in education, digital health in health, job opportunities for over 8 million from 19 million in employment, economic and political participation for 26.8 million women and 4.3 million youth, and in culture and sports 83 international awards plus new stadiums.

Ministers Shewit Shanka, Dr. Ergoe Tesfaye, and Mufariat Kamil detailed their sectors' results.

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Prime Minister Abiy Ahmed highlights Ethiopia's social sector achievements at Addis Ababa briefing.
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Prime Minister Abiy Ahmed highlights Ethiopia's social sector achievements at Addis Ababa briefing

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Prime Minister Dr. Abiy Ahmed presented major outcomes in Ethiopia's social and economic sectors at a briefing in Addis Ababa on April 28, 2026 (Miyazya 20, 2018 E.C.), themed 'Social development lesson for nation building.' The event reviewed comprehensive reforms and achievements in education, health, job creation, women's and youth empowerment, culture, sports, and more, emphasizing their role in national growth.

Ethiopia's Ministry of Trade and Regional Integration has raised fuel prices effective April 1, 2026, with white diesel increasing by 16.6% to 163.09 birr per liter. The move comes as the fuel subsidy burden reaches nearly 272 billion birr. Officials cite global oil market disruptions from Middle East conflicts.

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Following the previous day's broad social sector briefing, Prime Minister Dr. Abiy Ahmed's review meeting on April 29, 2026 (Miyazya 21, 2018 EC) in Addis Ababa highlighted accelerated job creation under the 'Social Development Momentum for National Prosperity' theme. Officials reported over 4.32 million jobs in the past nine months—a 22% increase from the prior year—building on recent totals exceeding 19.8 million opportunities.

The Ethiopian Customs Commission collected 600 billion 233 million birr over the past 10 months of the budget year. Commissioner Dr. Debele Qabeta stated that this represents 100.2 percent of the target.

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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 Purbaya Yudhi Sadewa urged the public not to panic amid uncertain global conditions, assuring that fiscal and state revenue positions remain safe. He highlighted a Rp 420 trillion Saldo Anggaran Lebih (SAL) as a layered defense. The decision to hold subsidized fuel (BBM) prices steady until the end of 2026 follows direct instructions from President Prabowo Subianto.

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Finance Minister Ahmed Kouchouk announced EGP 80bn allocated in the FY2026/2027 budget for programs supporting production, manufacturing, entrepreneurship, and exports. The allocation includes EGP 48bn for export rebate schemes and EGP 6.7bn for the tourism sector. Presenting the draft budget to parliament, he projected public revenues at EGP 4trn.

 

 

 

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