Addis Ababa Collects ETB 233 Billion in a Year, Achieves 96.5% of Target

Addis Ababa’s city government has announced that it collected ETB 233 billion in the just-ended fiscal year, meeting 96.5% of its annual revenue target. The figure marks a 57% increase compared to last year’s collection, showing a leap of ETB 83.3 billion.

Initially, the city had planned to raise ETB 241.4 billion in the 2024/25 budget year. While ETB 8 billion, mostly from expected support and credit, remains uncollected, officials say the results reflect robust progress in local resource mobilization.

Mayor Adanech Abiebie shared the update through her official social media channels, attributing the performance to collective effort and improved tax compliance. “This is a homegrown transformation, built on broad foundations and strengthened by solid pillars,” she said.

The city’s finance bureau had reported steady growth throughout the year. By mid-fiscal year, Addis had already collected 111.5 billion birr, surpassing 90% of its six-month target. By April, the nine-month performance stood at 98% of plan, buoyed by tighter tax auditing, increased e-payment adoption, and institutional accountability.

In early 2025, the city launched a quality-assurance unit within its tax audit department to correct unfair assessments and reduce leakages. Additionally, VAT return systems were overhauled, requiring staggered weekly filings by over 62,000 registered businesses to reduce bottlenecks and late penalties.