08
Jun
The House of People’s Representatives (HPR) during its 11th session today referred the 786.6 billion Birr draft budget bill for the 2015 Ethiopian Fiscal year to the Plan, Budget and Finance Affairs Standing Committee. Presenting the budget speech to the parliament, Finance Minister Ahmed Shide said the economy, which has been benefiting from the Home Grown Economic reforms, has faced many challenges, including domestic conflict, the COVID-19, desert locust, drought and Russia-Ukraine conflict, but remained resilient. The draft budget has 16.6 percent increment from last year’s regular and additional budgets combined. Out of the total 786.6 billion Birr draft budget…