The 140.29 billion birr 2016 Addis Abeba budget was approved by the city council. In the current fiscal year, 2016, the budget allocated for city administration is 40.2 billion birr more than it was in the previous fiscal year.
Today, Sunday, July 2, 2015, at its second regularly scheduled meeting, the Addis Abeba City Council adopted the city’s budget. At today’s meeting, a proclamation containing the budget list for the 2016 fiscal year—which officially began yesterday—was given to the council members. The City Council approved the 2016 budget with 87 votes in favour and 2 against after debating the budget plan.