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 4,100,000 (Four Million One Hundred Thousand Special Drawing Rights) for financing Cultural Heritage Project, was signed in Washington D.C on the 25th day of April, 2002;
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 credit Agreement at its session held on the 24th day of October, 2002.
NOW; THEREFORE, in accordance with Sub-Articles (1) and (12) of Article 55 of the Constitution, it is hereby proclaimed as follows;