Macro Analysis /

Ethiopia's 2022-23 Budget

  • We review the recently approved Ethiopian Government Budget for the 2022-23 fiscal year

  • Large spending increases are planned for transfers/subsidies (up 9.6x), defence (up 3.8x), and debt service (up 2.8x)

  • Financing is coming mainly from domestic lenders, which will reduce private sector credit growth in the near-term

Cepheus Capital Research
12 July 2022


Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.