OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 2ሥ Year No . 35 ADDIS ABABA - 7th July , 1996 CONTENTS Proclamation No . 45 / 1996 International Development Association Loan Agree ment for financing the Ethiopian Social Rehabilitation and Development Fund Project Ratification Pro . . . . . . . . . . . . . . . . . Page 260 PROCLAMATION NO . 45 / 1996 A PROCLAMATION TO RATIFY THE LOAN AGREEMENT BETWEEN THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION WHEREAS , A Loan Agreement , between the Federal Democratic Republic of Ethiopia and the International Development Association provide to the Federal Democratic Republic of Ethiopia a loan amount of eighty million eight hundred thousand Special Drawing Rights ( SDR 80 , 800 , 000 ) for financing the Ethiopian Social Rehabilitation and De velopment Fund Project , was signed in Washington D . C . , on WHEREAS , the House of Peoples ' Representatives of the Federal Democratic Republic of Ethiopia has ratified said Loan Agreement at its session held on the 7th day of July , NOW , THEREFORE , in accordance with Article 55 sub - Articles ( 1 ) and ( 12 ) of the Constitution , it is hereby 1 . Short Title This Proclamation may be cited as the International Development Association Loan Agreement for finan cing the Ethiopian Social Rehabilitation and Develop ment Fund Project Ratification Proclamation No . 45 / Unit Price 5÷ WWW . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com Definition In this Proclamation ' Loan Agreement ” means the Loan Agreement No . 2841 ET signed in Washington D . C . on the 15th day of May , 1996 between the Federal Democratic Republic of Ethiopia and the International Development Association . 3 . Power of the Minister of Finance The Minister of Finance is hereby empowered to undertake all acts necessary for the utilization of the loan amount of eighty million eight hundred thousand Special Drawing Rights ( SDR 80 , 800 , 000 ) in accordance with the terms and conditions set forth in the Loan Agreement . Effective Date This Proclamation shall enter into force as of the 7th day of July , 1996 . Done at Addis Ababa , this 7th day of July , 1996 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com