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

  • Great opportunities in Asia, conference goers are told
    January 23, 2014
    Asia’s emerging economies will be building roads for the next two decades, delegates at a recent Argus Asian Bitumen conference in Singapore heard. That means there are big opportunities for suppliers of bitumen, related technology and risk management companies - Kristina Smith reports One of the strongest messages to emerge from the Argus Asian Bitumen conference held in Singapore earlier this year is the sheer volume of road building planned in the region. For many countries there are political and finan
    Read More
  • Better road surfaces to last longer
    August 23, 2013
    Preservation can make roads perform better and last longer - and save money in the long run. Kristina Smith reports BAM Wegen has laid the first ever half-warm porous asphalt section on a major highway in the Netherlands. The asphalt for the 500m-long test section on the A18 near Varsseveld was produced at 105°C rather than 160°C, representing a saving on energy and CO2 emissions of around 30%.
    Read More
  • Liebherr sees strong performance
    February 28, 2012
    Liebherr reports steady growth in 2010, with turnover increasing 9%, a growth in its workforce and company investments of €544.1 million.
    Read More
  • Project complexity in Bolivia
    April 25, 2012
    Cost increases are being seen on work to the second phase of Bolivia’s Villa Tunari-San Ignacio de Moxos road project. The work looks likely to cost an extra US$250 million as the route will have to avoid the TIPNIS national reserve. The Bolivian Government made the decision to reroute the highway following appeals from the country’s indigenous community. However coca farmers are now appealing against this ruling, while farmers in neighbouring Brazil are also requesting guarantees on land use relating to th
    Read More

Highlighted Content