Ethiopia: Federal Revenue Hits 323 Billion Birr in Three Months, Up From 152 Billion Last Year

AllAfricaCenterEN 2 min read 100% complete October 24, 2025 at 12:57 PM

AI Summary

medium article 2 min

The Ethiopian federal government reported a significant increase in revenue collection to 323 billion birr during the first three months of the fiscal year ending June 2026, up from 152 billion birr in the same period last year. Minister of Planning and Development Fitsum Assefa highlighted that gold exports generated $1.2 billion and coffee exports earned $763 million over this period. Remittances reached $2.3 billion, while foreign direct investment was recorded at $961 million. The government projects a 10.2 percent GDP growth for the current fiscal year, supported by reforms, investments, and infrastructure projects such as the Grand Ethiopian Renaissance Dam (GERD).

Key Topics & Entities

Grand Ethiopian Renaissance Dam (GERD) 60% Fitsum Assefa 70% Ethiopia ×680%

Keywords

revenue collection 90% economic growth 85% foreign direct investment (fdi) 70% exports 65% financial sector 60% grand ethiopian renaissance dam (gerd) 55% agriculture 50% industry growth 45% digital finance transactions 45% 100-day performance report 40%

Sentiment Analysis

Very Positive

Score: 0.80

Source Transparency

Source

AllAfrica

Political Lean

Center (0.00)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

Ethiopia

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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revenue collection economic growth foreign direct investment (fdi)exports financial sector grand ethiopian renaissance dam (gerd)agriculture industry growth digital finance transactions 100-day performance report

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