Ethiopia's innovative road budget

The Ethiopian Parliament has approved the country's largest budget. The government raised the budget for the 2010-2011 period by 20% from US$4.77 billion in 2009-2010 to $5.71 billion for the current financial year. A substantial portion will be allotted to the nine federal regions while $2.65 billion will be used for development spending, with $887.4 million for road infrastructure. The Ethiopian Government has said that some 70% of the 2010-2011 budget will be used on infrastructure development and povert
May 29, 2012 Read time: 1 min
RSSThe Ethiopian Parliament has approved the country's largest budget. The government raised the budget for the 2010-2011 period by 20% from US$4.77 billion in 2009-2010 to $5.71 billion for the current financial year. A substantial portion will be allotted to the nine federal regions while $2.65 billion will be used for development spending, with $887.4 million for road infrastructure. The Ethiopian Government has said that some 70% of the 2010-2011 budget will be used on infrastructure development and poverty eradication programmes, which include a special focus on improving the country's road network.

Related Content

  • Springy Base looks to new markets
    September 3, 2012
    Australian company JMB Manufacturing is to promote its Springy Base steel-based knock-down recovery sign post overseas.
    Read More
  • Pandemic impact on Wacker Neuson results
    November 6, 2020
    The pandemic is having an impact on Wacker Neuson’s results.
    Read More
  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
    Read More
  • Tolling innovation
    January 4, 2013
    Leading European tolling solution companies are involved in a number of innovative tolling projects across the continent and further afield. Guy Woodford looks at some of the latest Siemens Mobility & Logistics (SML) has received orders from Eurotoll and Total, two of France’s largest electronic toll on-board unit issuers, to supply technology for the new French toll collection system. The equipment comprises on-board units for the vehicles as well as the electronic detection system. The SML orders’, worth
    Read More

Highlighted Content