On Sunday, July 9, 2023, the Addis Ababa City Council approved a budget of 140.2 billion birr for the city in its second regular meeting. This budget is for the 2023/2024 fiscal year, which started on July 9, 2023. The budget was approved by a majority vote of 87 in favor and two abstentions after discussing the budget proposal. This budget is 40.2 billion birr more than the previous fiscal year’s budget.