Ethiopian Lawmakers Approve 12.4% Budget Increase

21% of 159.4b Ethiopian birr ($8.5b) budget will be funded externally, said Wanna Wake, head of parliament’s budget committee. *Budget deficit for yr ending July 7, 2014 is 3.3% of GDP: Wanna *Capital spending 2/3 of budget: Wanna

To contact the reporter on this story: William Davison in Addis Ababa at wdavison3@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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