WHEREAS, a Loan Agreement, between the Federal Democratic Republic of Ethiopia and the African Development Fund stipulating that the African Development Fund provide to the Federal Democratic Republic of Ethiopia a loan amount of UA 27,000,000 (twenty-seven million Units of Account) for financing the National Livestock Development Project, was signed in Abidjan, on the 20th day of November, 1998;
WHEREAS, basic economic international agreements have to be ratified prior to entry into force;
WHEREAS, the House of Peoples’ Representatives of the Federal Democratic Republic of Ethiopia has ratified said Loan Agreement at its session held on the 9th day of February, 1999;
NOW, THEREFORE, in accordance with Article 55 sub-Articles (1) and (12) of the Constitution, it is hereby proclaimed as follows: