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Council of Ministers passes decision on $1.13bln loan agreements signed with IDA

Addis Ababa, June 30, 2021 (FBC) – The Council of Ministers, in its 99th regular session, discussed various issues and passed decision accordingly.

The council has passed decisions on four loan agreements worth 1.13 Billion USD that Ethiopia signed with International Development Association (IDA).

According to the Office of the Prime Minister, the loan agreements are aimed to enhance electric power access and basic service deliveries, support small and medium micro financial institutions and transform the information communication system in the country.


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