Ethiopia - Public finance
The Ethiopian fiscal year begins 8 July, in the Ethiopian month of Hamle. Ethiopia's public finances are under great budgetary pressure, as years of war and poverty have taken a heavy toll on the countryside, population, and infrastructure.
The US Central Intelligence Agency (CIA) estimates that in 2002 Ethiopia's central government took in revenues of approximately $1.8 billion and had expenditures of $1.9 billion including capital expenditures of $600 million. Overall, the government registered a deficit of approximately $100 million. External debt totaled $5.3 billion.
The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.
|REVENUE AND GRANTS||100.0%||1,800|
|General public services||5.7%||109|
|Public order and safety||4.3%||81|
|Housing and community amenities||2.0%||39|
|Recreation, cultural, and religious affairs||0.9%||17|
|Economic affairs and services||29.2%||555|