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Telecommunications Project External Credit And Guarantee Agreements Approval Proclamation No 269/1969

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28th Year — No. 23
Addis Ababa 1st July, 1969
Proclamation No. 269 of 1969
CONTENTS
Telecommunications Project External
Credit and Guarantee Agreements Approval Proclamation
Proclamation No. 270 of 1969
Ethiopian Electric Light and Power Authority International Bank for Reconstruction and Development Loan Guarantee Agreements Approval Proclamation
CONQUERING LION OF THE TRIBE OF JUDAH HAILE SELASSIE I
ELECT OF GOD, EMPEROR OF ETHIOPIA WHEREAS, the development of the Empire of Ethiopia
munications of the country; and
The African Law Archive *
PROCLAMATION No. 269 of 1969
WHEREAS, a Loan Agreement in the amount of Four Mil
or Eleven Million two Hundred and Fifty Thousand Ethiopian
1969 between the Imperial Board of Telecommunications of Ethiopia (hereinafter called the “ Board ”) as borrower, and the International Bank for Reconstruction and Development (here inafter called the " Bank ") as lender; and
A PROCLAMATION TO APPROVE EXTERNAL CREDIT AND GUARANTEE AGREEMENTS TO FINANCE COSTS OF THE FOURTH TELECOMMUNICATIONS PROJECT
Page 191
Page 193
WHEREAS, the guarantee of the Imperial Ethiopian Go vernment is required as a condition to the effectiveness of said Loan Agreement; and
WHEREAS, a Development Credit Agreement in the amo unt of Twenty - Three Million Five Hundred Thousand Swedish and Fifty Thousand Ethiopian Dollars (Eth. $ 11,250,000) has 3rd June, 1969 between the Imperial
pose of relending to the Board in accordance with the terms and conditions of the said Development Credit Agreement; and

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