Law ID: Proclamation No. 596/2008
Date: August 11, 2008
Law Type: Proclamations
In Force

Arab Bank for Economic Development in Africa Loan Agreement for Sawla Key Afer Rural Electrification Project Ratification Proclamation

WHEREAS, a Loan Agreement, between the Federal Democratic Republic of Ethiopia and the Arab Bank for Economic Development in Africa provide to the Federal Democratic Republic of Ethiopia a loan amount of 9,000,000 US Dollars (Nine million US Dollars) for financing Sawla Key Afer Rural Electrification Project was signed in Addis Ababa on the 6th day of May 2008;

WHEREAS, the House of Peoples’ Representatives of the Federal Democratic Republic of Ethiopia has ratified the agreement at its session held on the 1st day of July, 2008;

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

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