Debt Service Takes 542 Billion Birr Slice of Ethiopia’s Record 2.34 Trillion Birr Budget
Ethiopia has earmarked 542.1 billion birr (3.4 billion US dollars) for debt servicing in its 2026/27 draft federal budget, underscoring how repayment obligations are taking up an increasingly large share of public spending as the government advances a record 2.3 trillion birr fiscal proposal. The allocation was presented to the House of Peoples’...