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The government budget is both a product of government administration and political democratization. [7] The emergence of the capitalist mode of production and the high level of development of the commodity economy led to an expansion of the state's financial resources and a massive increase in both revenue and expenditure.
According to World Bank, ″Gross domestic expenditures on research and development (R&D) include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.″ [3]
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
Most entries came from the Ethiopian Power System Expansion Master Plan Study, EEP 2014 and from the Ethiopian Geothermal Power System Master Plan, JICA 2015. [5] A low number of refinements arrived from published tenders (as for the Upper Dabus power plant) and from feasibility studies that arrived after 2014 (as for the TAMS hydropower plant).
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [26] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. [27] [28]
It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
The Ministry of Urban Development and Construction (Amharic: የከተማ ልማትና ኮንስትራክሽን ሚኒስቴር) is an Ethiopian government department responsible for urban development and construction works. It was established in October 2005 by Proclamation No. 471/2005.
The Addis Ababa City Corridor Project, also known as Smart City Project, [1] is an ongoing urban planning project in the city of Addis Ababa initiated by the Addis Ababa City Administration in December 2022 to upgrade key routes and improve connectivity among the corridors. Due in 2025, the project aims to expand metropolis that incorporates ...