Law ID: Proclamation No. 996/2017
Date: March 13, 2017
Law Type: Proclamations
In Force

African Development Fund Loan Agreement for Financing Jimma-Chida and Sodo-Sawla Road Upgrading Project Ratification Proclamation

WHEREAS, a Loan Agreement between the Federal Democratic Republic of Ethiopia and the African Development Fund stipulating that the African Development Fund provided to the Federal Democratic Republic of Ethiopia a loan amount of U.A. 25,589,863 (twenty-five million five hundred eighty-nine thousand eight hundred sixty-three Units of Account) for financing the Jimma-Chida and Sodo-Sawla Road Upgrading Project was signed in Addis Ababa on the 30th day of January 2017;

WHEREAS, the House of Peoples’ Representatives of the Federal Democratic Republic of Ethiopia has ratified the said Loan Agreement at its session held on the 7th day of February 2017;

NOW, THEREFORE, in accordance with Article 55(1) and (12) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:

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