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

  • FEHRL Brussels event proves successful
    July 1, 2013
    The recent Forum of European National Highway Research Laboratories (FEHRL) Infrastructure Research Meeting 2013 in Brussels (FIRM 2013) attracted a large number of attendees, from Europe as well as further overseas. The event included a number of presentations on key road infrastructure topics, with major input also from other associations such as the European Asphalt Paving Association (EAPA). The plenary session drew high-level speakers from a number of National Road Administrations and European institut
    Read More
  • Feasibility study for Romanian road link project
    February 13, 2015
    The Romanian National Company for Highways (CNADNR) is commissioning a study for an important new road link. The proposed connection would link the existing Sibiu bypass with the Pitesti bypass. Italian firm Spea Ingineria Europea and Romanian firm Tecnic Consulting Engineering have formed a joint venture to handle the €6.5 million feasibility study into the project. The consultancy work is expected to take 17 months to complete. The proposed link would stretch some 120km and is expected to cost around €1.6
    Read More
  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More
  • Improved airport for Thimarafushi atoll
    August 29, 2014
    Thimarafushi forms part of the Thaa Atoll lying in the Indian Ocean but access has been limited in the past. However the construction of a new airport planned by the Maldives Government will help develop the tourist trade, boosting the local economy. Most visitors previously used the country’s two international airports, using these as hubs for flights to the country’s six domestic airports. This has limited travel to only a few of the country’s 1,192 islands, of which around 200 are inhabited. As a result,
    Read More

Highlighted Content