World Bank to give Ethiopia $1bn in budget help- PM

Ethiopian Prime Minister Abiy Ahmed. FILE PHOTO | NMG

The World Bank will provide $1 billion in direct budget support to Ethiopia in the next few months, the prime minister said on Saturday, after the bank and other donors suspended budgetary help after a disputed and violent election in 2005.

“This is due to the reforms taking place in the country,” Abiy Ahmed, who has announced a series of economic and political changes since taking office in April, told a news conference in which he announced the World Bank decision.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.