![Abiy Ahmed of Ethiopia [Photo: African Arguments]](https://i2.wp.com/media.premiumtimesng.com/wp-content/files/2018/07/ethiopia-abiy-ahmed.jpg?fit=1280%2C720&ssl=1)
Prime Minister Abiy Ahmed says Ethiopia needs $7.5 billion to finish infrastructure projects such as a massive dam and roads that the government hopes will drive industrialization.
Mr Ahmed made the statement at the parliament before its vote on the 2018/19 budget on Friday in Nairobi.
The prime minister said the government needed to be more efficient and prudent in its spending of public funds.
He said many state-owned enterprises were heavily indebted and that export earnings were a third of the $10 billion annual target.
Mr Abiy took office in April and has pledged sweeping political and economic reforms.
(Reuters/NAN)
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