House endorses 18 bln birr additional budget

Addis Ababa, December 25, 2015 (FBC) –The House of Peoples Representatives (HPR) has today approved 18 billion birr additional budget.
Of the total budge, 14.78 billion birr has been allocated for regular expenditure, while the remaining 3.22 billion birr will be utilized for capital expenditure.

The additional budget is required so as to swiftly respond to the El Nino induced drought hit areas.

Moreover, it is needed to execute projects that help to attain the goals set in the second Growth and Transformation Plan (GTP-II) period.

On July, the House approved 223.3 billion birr budget for 2008 EC (2015/16) fiscal year.