Public Management

Ethiopia: Govt raises the health budget by 46% in 2020

Ethiopia: Govt raises the health budget by 46% in 2020
Tuesday, 13 October 2020 16:25

The Ethiopian government has raised its health budget by 46% for 2020 to better face the fallouts of the coronavirus pandemic on the sector.

Speaking during a virtual conference this week, PM Abiy Ahmed said the health budget for FY2020-21 is $501 million, against $339 million in 2019-20. With more than 85,136 cases of covid-19 (1,301 deaths and 38,904 recoveries), Ethiopia is the fourth most affected country in Africa. PM Abiy says the health crisis has forced authorities to redefine development priorities.

While the health budget in recent years has been half the amount allocated for external debt servicing, the additional expenditure induced by covid-19 has made the health sector the fourth largest budget-consuming sector in Ethiopia. Investments have been used mainly to acquire more equipment, facilities, and to recruit more personnel.

In many African countries, healthcare is a neglected sector. This pandemic has exposed our dark underbelly,” the minister said.

To date, Africa has 1.5 million cases of coronavirus with 38,597 deaths and 1.3 million recoveries.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Presco plans $162M rights issue to raise capital• 166.6M shares offered at ₦1,420 each to shareholders• Funds to expand palm oil output, cut...
• The structure relies on asset-based security and a local bank wrapper to mitigate airline risk.• Regional operators, such as Air Ghana, are already...
• The European Investment Bank (EIB) and the European Commission will provide a blended financing package worth up to €95 million ($110 million) to...
Yango Group, through its $20 million venture fund, has made a strategic investment in Zanifu, a Kenyan B2B fintech specializing in inventory...

Most Read
01

Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
02

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...

World Bank Revises Up 2025 Forecasts for Four WAEMU Countries, Amid Falling Inflation
03

• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
04

• UAC of Nigeria acquired CHI Limited, known for Chivita juices and Hollandia dairy, from Coca-Cola ...

UAC of Nigeria Takes Control of CHI Limited, Former Coca-Cola Subsidiary
05

IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agr...

IFC Lends $40 Million to Senegal’s Islamic Bank to Triple SME Loans
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.