Law ID: Proclamation No. 252/2001
Date: July 6, 2001
Law Type: Proclamations
In Force

Agreement Amending the International Development Association Credit Agreement for Financing the National Fertilizer Sector Project Ratification Proclamation

WHEREAS, a Credit Agreement between the Federal Democratic Republic of Ethiopia and the International Development Association stipulating that the International Development Association provide to the Federal Democratic Republic of Ethiopia a Credit amount of SDR 82,900,000 (eighty two million nine hundred thousand Special Drawing Rights) for financing the National Fertilizer Project was signed on the 29th day of September 1995;

WHEREAS, an Amending Agreement stipulating that the International Development Association provide an ad- ditional loan amount of SDR 34,700,000 (thirty four million seven hundred thousaand Special Drawing Rights) in support of the Project has been signed in Washington D.C. on the 18th day of July, 2001;

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 Amending Agreement at its session held on the 6″ day of July. 2001.

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

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