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

  • New Zealand city tolling proposal
    June 6, 2017
    A form of tolling is currently being considered for the city of Auckland in New Zealand. The plan is being evaluated by The Auckland Council and New Zealand's Ministry of Transport.
    Read More
  • The Fehmarnbelt Tunnel, another Danish connection
    June 20, 2017
    The Fehmarnbelt Tunnel between Denmark and Germany is both ambitious and innovative, explains Susanne Kalmar Pedersen, project director at design engineering firm Ramboll, adviser to the client Fehmarn A/S. The ambitious Fehmarnbelt Tunnel - one of Europe’s largest ongoing infrastructure projects - is a priority project within the EU’s Trans European Network (TEN-T) programme. It will link the German island of Fehmarn with the Danish island of Lolland. The tunnel is an 18km immersed combined road and rail l
    Read More
  • Kazakhstan ring road moving forward
    June 29, 2015
    Plans are progressing in Kazakhstan for the project to construct the Big Almaty Ring Road. A number of investors are involved in financing the project and are planning to invest US$1.2 billion in the ring road. The contract will include construction and operation of the project. Strong interest has been shown in the project by the EBRD, the Asian Development Bank, IFC, and the Islamic Development Bank. Meanwhile according to Kazakhstan's Committee of Roads, the economic effect of the Western Europe-Western
    Read More
  • Transport investment bill plea in open letter to US Congress
    March 15, 2012
    A partnership of American road and transport-minded bodies and individuals has delivered an open letter to Congress urging the approval of the multi-year surface transport investment bill. More than 1,000 entities signed the letter from the American Road & Transportation Builders Association (ARTBA) and the U.S. Chamber of Commerce-led Americans for Transportation Mobility (ATM) coalition.
    Read More

Highlighted Content