Ethiopian lawmakers have given the green light to a significant increase in government spending for the upcoming fiscal year. An additional allocation of 581.98 billion Ethiopian birr, equivalent to approximately $4.8 billion, has been approved.

The decision to increase government spending was announced during a parliamentary broadcast, highlighting the government's commitment to expanding its financial resources. The approved budget is expected to have a positive impact on various sectors in the country, potentially driving economic growth and development initiatives.

This move reflects the government's strategy to improve public services and infrastructure, addressing the pressing needs of the nation. With the additional funds, the government aims to enhance public services and invest in infrastructure projects that will benefit the Ethiopian people.