WHEREAS, a Credit Agreement, between the Federal Democratic Republic of Ethiopia and the Intonation Development Association stipulating that the Development Associations stipulating that the International Development Association provide to the Federal Democratic Republic of Ethiopia a Credit amount of 51, 100,000 SDR (fifty one million and one hundred thousand Special Drawing Rights) for financing Water Supply and Sanitation Project was signed in Addis Ababa on August 23, 2004;
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 2nd day of November, 2004;
NOW, THEREFORE, in accordance with Article 55 Sub Article (1) and (12) of the Constitution, it is hereby proclaimed as follows: