Ethiopia approved 178.6 billion-birr ($9.2 billion) budget for 2014-2015 Support the Ethiopian film industry. Subscribe and watch new Ethiopian movies. Use 'sodere' code at checkout to get 33% discount. Sodere.com Download the app and watch new movies. iPhone Android iPad Roku By Aaron Maasho ADDIS ABABA, (Reuters) – Ethiopia’s parliament approved a 178.6 billion-birr ($9.2 billion) budget for 2014-2015 on Monday, a 15 percent rise from the previous year that will boost spending on education, health and road building. Strong state intervention has boosted the economy over the past decade and economic growth is set to rise to 8.5 percent in 2014/15 from 8 percent in 2013/14, the International Monetary Fund forecasts. The IMF has warned that Ethiopia’s huge spending on roads, railways and power is suffocating private lending. It says a reduced public expenditure would make room for the private sector to access credit. Sodere.com Download the app and watch new movies. iPhone Android iPad Roku The 2014/2015 budget, unanimously endorsed by lawmakers, allocates more than 64 percent of the total amount for development spending. Of that, Addis Ababa will spend 24.55 billion birr on education, up from 22.48 billion the previous year. Health spending will rise 12 percent to 5.15 billion birr and 29 billion birr will be spent on road building. Infrastructure projects over the last decade include hydro-electric dams and other power projects to offer cheap electricity, and a growing network of roads and railways. Ethiopia, Africa’s second-most populous nation after Nigeria, aims to expand its road network to 136,000 km (84,500 miles) by 2015 from less than 50,000 km in 2010. It plans to build 5,000 km of railway lines by 2020. The capital will soon have its own metro, a rarity in Africa. Defence spending will increase to 8 billion birr, from 7.5 billion, in a country with the largest army in the Horn of Africa. Ethiopia is a key U.S ally in the region and is fighting al Qaeda-linked insurgents in Somalia as part of an African Union mission. It has also deployed peacekeepers in South Sudan. The 2014/2015 budget runs from July 8 to July 7 next year. (Editing by George Obulutsa and Robin Pomeroy) With our e-mail alerts, you will get everything from breaking news about Ethiopia to the days most popular videos, drama, health tips and stories sent straight to your inbox. Sign up for Email alerts Subscribe or Rent movies to watch. Monthly subscription prices are $29.99 or $9.99. Watch 6 movies per month and more than 400 Ethiopian movies. You can watch when you want, as much as you want on TV, mobile phone, tablet or computer. Subscribe for one month and cancel anytime. 29.99/month (SodereOnDemand.com) 6 new movies per month and 400+ released films KIDS videos, Movie premier videos. There are two options to pay: PayPal or credit card. To pay through credit card or PayPal, click SUBSCRIBE NOW button, add cart and "proceed to check out", Enter your name, address and other information. Rent and Watch. Price starts at $2.99 $9.99/month (Sodere.com) 2 new movie after sign up + 2 new movies per month. Questions? call 1 310 570 9291 viber or direct. Leave a Reply Cancel ReplyYou must be logged in to post a comment.