Addis Ababa budget audit reveals billions in idle funds

A city audit has found that bureaus under the Addis Ababa City Administration hold billions of Birr that remain neither collected nor paid despite mobilising a record 233.7 billion Br in 2024/25.

The audit shows the administration spent 232.5 billion Br, or 99.5 percent of its planned outlay. However, the books contain substantial funds that never moved, indicating that revenue growth has not translated into usable resources.

The findings come from an examination of bureaus, agencies and institutions under the city administration. They highlight persistent gaps between budgeted figures and actual financial activity.

The report was published on 19 July 2026 by Addis Fortune staff writer Bezawit Huluager.

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Photorealistic scene of Addis Ababa council meeting with mayor presenting budget approval and unanimous vote.
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Addis Ababa council approves appointments and 9.94 billion birr budget

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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 Addis Ababa City Administration cabinet has approved a draft budget of 502.27 billion birr for the 2026/27 fiscal year and sent it to the City Council. The proposal marks a 43.45 percent increase from the previous year's 350.13 billion birr budget.

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The Addis Ababa city administration has begun reviewing its performance for the 2018 budget year. Mayor Adanech Abiebe announced that goals set during the year will be assessed over three days.

The Addis Ababa City Council has ratified Regulation No. 204/2026 imposing a 5 percent municipal tax on hotels and other lodging establishments in the capital. Revenue will support infrastructure and tourism projects. The tax applies to room tariffs excluding VAT and auxiliary services.

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Addis Ababa Mayor Adanech Abiebie announced a 90-day plan focused on responding to public questions raised after recent elections.

Addis Ababa Mayor Adanech Abiebie stated that the city has carried out a development revolution over the past five years. She noted that 11 projects were opened for service in the last ten days alone.

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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.

 

 

 

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