WHEREAS, to prevent the recurrence of problems that have ensued from delay on the part of donor or lender organizations financing road development projects disbursing sums payable to persons or organizations supplying goods or rendering construction or consultancy services for those projects, it has become necessary to establish revolving fund for road development projects;
NOW, THEREFORE, in accordance with Article 55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia it is hereby proclaimed as follows:
