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 3,800,000 (three million eight hundred thousand Special Drawing Rights) for financing the Women’s Development Initiatives Project, ‘was signed in Washington D.C. on the 28th day of August, 2000;
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 30111day of January, 2001;
NOW, THEREFORE, in accordance with Article 55 Sub-Articles(1) and (12) of the Constitution, it is hereby proclaimed as follows: