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The government forms a budget for the new fiscal year by taking the budget from the previous fiscal year as a base and makes only small changes to it. Top-down approach: The central financial authority (e.g. the Ministry of finance ) sets boundaries to the budget and the government completes it.
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 ...
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.
Key towns in the project are Lamu and Isiolo in Kenya, Juba in South Sudan and Addis Ababa in Ethiopia. [1] The project was initially conceived in 1975 but never took off due to various reasons. The project was later revived and included in Kenya Vision 2030. In 2009, the cost of LAPSSET was estimated at US$16 billion. [4]
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).
Sheger City (Amharic: ሸገር ከተማ, Oromo: Magaalaa Shaggar) is a proposed model of urban development established on 22 October 2022 that centers around the city Addis Ababa to provide influence and economic benefit for other satellite cities. The administration contains 12 sub-cities, 36 districts and 40 rural kebeles with its seat ...
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.