(EBC, July 5, 2016)- Ethiopian House of Peoples Representatives has approved over 274 billion birr for the coming Ethiopian fiscal year.
Ethiopian Prime Minister Hailemariam Desalegn said Ethiopian industry and service sector have shown growth of 7%.
He also said, in the ending budget year, slow economic growth observed due to impacts of climate change on agriculture.
"The government has expended 800 million dollar to control the impacts of drought", he added.
Regarding good governance, the government has done many activities to reduce good governance problems.
Concerning diplomacy, he said Ethiopia's election to be a non permanent member of UNSC is the result of consistent diplomatic efforts of the country.
On Eritrea issue, PM Hailemariam said Ethiopia is ready to negotiate with Eritrea anytime, but if Eritrea tries to destabilize Ethiopia, Ethiopia will take proportional measures.
Finally, the Parliament has approved 274,373,197,248 (two hundred seventy four billion three hundred seventy three million one hundred ninety seven thousand and two hundred forty eight birr) under budget proclamation 970/2008 for the coming Ethiopian fiscal year.
Source: EBC
No comments:
Post a Comment