WHEREAS, a Loan Agreement, between the Federal Democratic Republic of Ethiopia and the European Investment Bank, stipulating that the European Investment Bank provide to the Federal Democratic Republic of Ethiopia a Loan amount of 10 million ECU (ten million ECU) for onlending, through the Development Bank of Ethiopia, to small and mediumsized private sector enterprises in the manufacturing, agro-industry, mining, tourism and related sectors, was signed in Luxembourg on the 18th day of December, 1996;
WHEREAS, the House of Peoples’ Representatives of the Federal Democratic Republic of Ethiopia has ratified said Loan Agreement at its session held on the 3rd day of July, 1997;
NOW, THEREFORE, in accordance with Article 55 sub Articles (1) and (12) of the Constitution, it is hereby proclaimed as follows:
