The federal government’s expenditure during the first quarter of the current fiscal year stood at 97.7 billion Br, according to the Ministry of Finance.
During the reporting period, the government was also able to get 80.8 billion Br in revenues from tax and non-tax sources, as well as from loans and grants. Of the total revenues, tax took the major share, amounting 61 billion Br.
“We covered the budget deficit from treasury bills and domestic borrowing,” said Ahmed Shide, minister of…
TO READ FULL STORY Clik Here!
from : addisfortune.news