Stung by the pandemic, Ethiopia boosts health budget 46%, PM says

The populous Horn of Africa nation has typically been spending twice its annual health budget servicing its external debt, he said, but it was now shifting priorities."In many African countries, healthcare is a neglected sector. This pandemic has exposed our dark underbelly," Abiy told the FT Africa conference, which was held virtually.

The government's budget showed the sector has been allocated 18.7 billion Ethiopian birr during the 2020/21 financial year, up from 12.64 billion birr in 2019/20. He urged governments in the region to emulate Ethiopia's focus on climate change mitigation, through planting of trees and investing in renewable energy sources, as they try to revive growth.Abiy, who took the helm in 2018, said his government was committed to opening up key sectors of the economy to foreign capital.

Source: Healthcare Press (healthcarepress.net)

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