The Addis Ababa City Administration has reported a tax revenue collection of 233 billion Br during the current fiscal year, achieving 96.5pc of its projected target of 241.4 billion Br.
This marks a substantial 45pc year-on-year increase, up by 83.3 billion Br from the previous fiscal period.
Mayor Adanech Abiebie attributed the notable growth to improved revenue systems and stronger compliance, crediting taxpayers, revenue officials, and key stakeholders for their collaborative efforts.
The shortfall of eight billion Br is expected to be bridged through external grants and concessional loans, the Mayor confirmed during the city’s annual performance briefing.
“This achievement reflects the deepening culture of self-reliance and resilience within our city,” she remarked. “The foundations of our transformation are broad-based and the pillars are robust.”
The budget, announced alongside the revenue figures, reflects an ambition to maintain upward momentum through internal resource mobilisation.
The administration’s performance is being positioned as a model of fiscal discipline and growing administrative capacity amid broader economic headwinds.
Adanech expressed gratitude to residents, describing them as the city’s “strength for tomorrow” and underscoring that the developmental trajectory will continue to be built on civic participation, institutional reform, and sustained public engagement.
“Dear taxpayers, city employees, and all our partners, thank you for your role in this milestone,” she said.
“We shall continue to steer our city forward through collaborative problem-solving, faith in our potential, and a strong work ethic.”
Addis Ababa’s increased revenue haul comes amid efforts to digitise tax systems and formalise informal business activity.
The city’s growing reliance on domestic revenues also aligns with federal calls for subnational governments to reduce dependence on central transfers and donor funds.
The administration has pledged to invest the funds in infrastructure, housing, education, and municipal services, with a focus on inclusive growth and equity.