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

  • North American market fuels 15% rise in Volvo CE Q2 2012 sales
    July 31, 2012
    Volvo CE said strong sales, particularly in North America, helped the company record a 15% rise in equipment sales in Q2 of 2012 – bucking a worldwide reduction in the size of the global equipment sales market. The company’s operating income also rose in Q2 2012 to 35%, with operating margin up 13.3% on the same period of 2011. Volvo CE strengthened its market position in wheeled loader and excavator sales in China, taking a 14.7% share of the vital market.
    Read More
  • Oman’s authorities commission road safety analysis
    December 5, 2012
    The authorities in Oman plan to improve road safety standards, a topic of key concern in the Gulf States. As part of this plan, the Royal Oman Police (ROP) has commissioned the Transport Research Laboratory (TRL) to carry out a comprehensive road safety research programme in the Sultanate of Oman. The multi-sector assessment will evaluate road safety performance and compare existing activities against best practice. These will be carried out across 12 different disciplines, including road safety managemen
    Read More
  • Australia roads alliance
    April 16, 2012
    A huge infrastructure programme is being planned at present for the Australian state of Queensland With an annual growth rate of around 3.2%, Queensland is the fastest growing state in Australia and has been for over a decade. The State attracts an average of 1,500 new permanent residents each week, 1,000 of whom move to the South East corner.
    Read More
  • US president-elect Obama and the future of America's roads
    July 18, 2012
    The current US transportation funding law expires in September 2009. The current law allocates US$286 billion to highway and transportation projects. However, simply re-authorising the same amount will not be sufficient to build, maintain and improve the nation's roads, bridges, airports, and other deteriorating infrastructure. The backlog of projects unaddressed has swollen to the point where the American Society of Civil Engineers (ASCE) says it will take $1.6 trillion to address the country's road and in
    Read More

Highlighted Content