An additional budget of 122 billion birr has been prepared

An additional 122 billion birr budget prepared by the Ministry of Finance has been submitted to the Council of Ministers.

The additional budget is said to be used for national security, humanitarian assistance, rehabilitation of war and conflict victims, and other necessary government functions.

The additional budget was needed due to the war in the northern part of the country, the government’s inability to meet the current demand for revenue, and the need for additional expenditures.

According to the Ministry of Finance, the budget proposal will be implemented as soon as it is discussed and approved by the House of Representatives.