Afar Region Approves 630mln Birr Additional Budget

ADDIS ABABA – The Afar regional state council on Saturday approved additional 630 million birr budget for the 2013 Ethiopian fiscal year.

The region’s finance and economic development bureau head, Mohamed Hassan, proposed the draft budget bill during the Council’s third special session of the year held on Saturday.

After deliberating on the bill, the Council unanimously endorsed the 630, 241, 375 birr additional budget, reported fana broadcast.

The budget will help complete various capital projects during current Ethiopian fiscal year, which ended July 7.

The revenue collected from regional and city administrations sources will finance the newly approved budget, the report said.