WHEREAS, a Development 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 74,300,000 (seventy four million three hundred thousand Special Drawing Rights) for partly financing the Education Sector Development Program, was signed in Washington D.C, on the 4th day of June, 1998;
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 30th day of June, 1998;
NOW, THEREFORE, in accordance with Article 55 Sub-Articles (1) and (12) of the Constitution, it is hereby proclaimed as follows:
