OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 11th Year No.10 ADDIS ABABA 2nd November , 2004 CONTENTS Proclamation No. 425/2004 International Development Association Credit Agreement for Financing the Public Sector Capacity Building Program Support Project and Sanitation Project Ratification Proclamation No. Page 2939 PROCLAMATION NO . 425/2004 . A PROCLAMATION TO RATIFY THE CREDIT AGREEMENT BETWEEN THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION WHEREAS , a Credit Agreement , between the Federal Democratic Republic of Ethiopia and the International Development Association stipulating that the International መቶ ሺህ | Development association provide to the Federal Democratic በኢትዮጵያ | Republic of Ethiopia a credit amount of sixty six million nine 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 NOW , THEREFORE , in accordance with Article 55 proclaimed as follows : Unit Price The African Law Archive 2 ኮ November , 2004 Page . 2940 1. Short Title This Proclamation may be cited as the “ International Development Association Credit Agreement for Financing the Public Sector Capacity Building Program Support Project and Sanitation Project Ratification Proclamation No. 425/2004 . " 2. Definition In this Proclamation “ Credit Agreement ” means the Credit Agreement No 3899 ET signed between the Federal Democratic Republic of Ethiopia and the International Development Association on August 23 , Power of the Minister of Finance and Economic Development The Minister of Finance and Economic Development is hereby empowered to undertake all acts necessary for the utilization of the Loan amount of sixty six million nine hundred thousand Special Drawing Rights ( SDR 66,900,000 ) in accordance with the terms and conditions set forth in the Credit Agreement . Effective Date This Proclamation shall enter into force on the 2nd day of November , 2004 . Done at Addis Ababa , this 2nd day of November , 2004 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive