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
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
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.